Medium Risk

VST Industries Limited

Manufacturing & marketing cigarettes

CIN: L29150TG1930PLC000576 FY: - Revenue: ₹1,809.4 Cr
5.5
ESG Risk
Score /10
Compliance RiskGovernance RiskEpr Exposure

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
8.0

Financial Exposure

Est. Compliance Cost₹3–11 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated33.5 T

Governance

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

Double Materiality

Financial Materiality5.5
Impact Materiality4.6
QuadrantFinancially Material

Supply Chain

MSME Sourcing0.0%
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

**VST Industries Limited – Financial Risk Summary** VST Industries faces critical compliance exposure with a maximum 10.0/10 risk score, exposing the company to potential SEBI enforcement action and delisting risk if BRSR Core Expansion disclosures are inadequate—a material governance threat to its ₹1,809 crore revenue base. The company's Extended Producer Responsibility (EPR) exposure rating of 6.5/10 combined with unknown EPR applicability creates uncertain liability; estimated compliance costs of ₹3–11 crore annually could materially impact profitability if regulatory interpretation tightens. Environmental intensity risks (GHG 5.0/10, water 5.0/10) appear moderate, but the absence of disclosed Scope 1 and 2 emissions data raises audit and transparency concerns under BRSR P6 requirements. Immediate priority: clarify EPR obligations and complete comprehensive emissions quantification to mitigate regulatory penalties and protect market valuation.

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

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