Medium Risk

Ratnamani Metals & Tubes Limited

The Company manufactures iron and steel tubes, tube fittings and pipes, including Stainless Steel Seamless & Welded Tube

CIN: L70109GJ1983PLC006460 FY: - Revenue: ₹4,876.1 Cr
5.3
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

GHG Intensity
5.0
Water Intensity
5.0
Waste Intensity
1.0
EPR Exposure
6.5
Compliance Risk
10.0
HR Risk
3.0
Governance Risk
5.0

Financial Exposure

Est. Compliance Cost₹8–29 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated1,223.4 T

Governance

Anti-Corruption PolicyYes
Conflict of Interest PolicyUnknown
BRSR AssuranceNone
Assurance Provider

Double Materiality

Financial Materiality5.3
Impact Materiality4.6
QuadrantFinancially Material

Supply Chain

MSME Sourcing—%
Lifecycle AssessmentNo
Product ReclaimYes

Material Risks

e-waste

ESG Targets & Commitments

TopicTarget / MetricStatus
Human Rights in Supply Chain HR clauses in all contracts Commitment

AI Risk Summary

**Financial Risk Summary – Ratnamani Metals & Tubes Limited** Ratnamani's largest financial exposure is EU carbon border costs on steel exports: a mid-sized shipment of 50,000 tonnes faces €3–4 million annual CBAM liability, compounded by the 24.4% YoY export drop to the EU forcing 15–22% price cuts to remain competitive. Domestically, critical compliance gaps carry dual penalties—India CCTS penalties of ₹1,200–1,800/tonne for missed carbon targets, plus SEBI delisting risk under BRSR Core Expansion non-compliance, with estimated remediation costs of ₹8–29 crore. The company's undisclosed Scope 1 and Scope 2 emissions data and unknown EPR applicability status (6.5/10 exposure risk) signal material reporting deficiencies that trigger immediate regulatory scrutiny and investor capital-cost implications under tightening ESG mandates.

Source: Ratnamani Metals & Tubes Limited BRSR Filing, FY -. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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