Medium Risk

Spandana Sphoorty Financial Limited

Spandana Sphoorty Financial Limited is a non-banking finance company microfinance institution (NBFC-MFI) in India which

CIN: L65929TG2003PLC040648 FY: - Revenue: ₹2,180.7 Cr
5.8
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

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

Financial Exposure

Est. Compliance Cost₹4–13 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated— T

Governance

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

Double Materiality

Financial Materiality5.8
Impact Materiality5.3
QuadrantDual Materiality

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: Spandana Sphoorty Financial Limited** Spandana Sphoorty faces its most material financial exposure through regulatory compliance gaps, with an estimated compliance cost of ₹4–13 crore against a ₹2,180.7 crore revenue base (0.18–0.60% of annual revenue), compounded by a critical 10.0/10 compliance risk score and unknown EPR (Extended Producer Responsibility) applicability that creates audit and enforcement vulnerability under SEBI BRSR Core Expansion mandates. As an NBFC-MFI without reported Scope 1/2 emissions data, the company faces delayed disclosure obligations under BRSR P6 environmental requirements, risking SEBI enforcement action and potential delisting for listed entities if core ESG disclosures remain non-compliant. The 6.5/10 EPR exposure risk combined with unresolved regulatory classification creates contingent liability uncertainty; clarification of EPR obligations should be prioritized to avoid retrospective compliance costs and reputational damage in the microfinance sector where regulatory scrutiny is intensifying

Source: Spandana Sphoorty Financial Limited BRSR Filing, FY -. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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