Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Use of LED lamps to replace CFL Bulbs, saving energy costs.

Social Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Increasing competition in international and domestic markets.
• High-quality products from competing countries like China and South Africa using new technology.

Mitigation Strategies

• Initiatives to reduce operating and finance costs.
• Systematic Internal Control System in place and reviewed timely.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Green India
• Waste recycling

Environmental Achievements

• engaged in the activity of recycling waste

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Stiff competition and high conversion costs
• COVID-19 pandemic disrupting operations

Mitigation Strategies

• adapting to changes and working towards serving customers efficiently
• ensuring employee health and well-being, minimizing service disruption

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Sustainability
• Upcycling and recycling
• Local employment

Environmental Achievements

• Efficient upcycling/recycling and minimal wastages

Social Achievements

• Provides local employment to men and women from rural areas
• Strong and consistent performance reflected in positive market-cap growth

Governance Achievements

• Strong governance and compliance standards
• Fair labour practices

Climate Goals & Targets

Environmental Challenges

• Geopolitical developments and other extraneous factors
• COVID-19 pandemic
• Seasonality
• Currency fluctuations
• Availability of skilled labor

Mitigation Strategies

• Agility and speed in responding to market demands
• Business continuity plan
• Diversification of sales channels
• Bulk procurement and low conversion costs
• Strong relationships with institutional buyers
• Focus on operational efficiencies
• Stable pool of skilled labor
• Work with artisans on a project basis

Supply Chain Management

Responsible Procurement

• Well-established network of domestic and international raw material suppliers

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainable Materials
• Eco-friendly practices

Environmental Achievements

• Prioritize eco-friendly and sustainable materials in our production process.
• Efficient upcycling / recycling

Social Achievements

• Launched the Auction Website “PriAuction.com”, a cutting-edge online platform that seamlessly integrates exclusive furniture and timeless antiques.
• Entered the Airport Furniture segment (Begumpet Airport, Hyderabad; Kolkata Airport and Vijayawada Airport)
• Launched its Fourth Offline Store in Boranada, Jodhpur Rajasthan
• Established itself through serving and fulfilling various Corporates and Government Procurement tenders for Furniture (CPWD, Department of Atomic Energy, Indian Navy, Kendriya Vidhyalaya, Air Force Station Gwalior and Gorakhpur, Indian Oil Corporation Ltd Odisha, Ministry of Railways Jodhpur, Power Grid Corporation Of India Limited, National Crime Records Bureau (NCRB), BDL, BEL, NTPC Limited and various other sectors. Order from CRPF Headquarters in queue).

Governance Achievements

• Complied with all the Corporate Governance requirements as provided in SEBI Listing Regulations and the Companies Act, 2013.

Climate Goals & Targets

Environmental Challenges

• Global economic climate has been quite volatile, affecting the technology spending of clients.
• Supply chain shocks post-pandemic
• Economic slowdown in developed markets
• Military conflicts impacting global supply chains

Mitigation Strategies

• Making best possible efforts to overcome challenges.
• Optimally leveraging available resources, enhancing operational efficiency and consistently improving the value of our business.
• Carefully managing the cost base.
• Expanding product portfolio and market presence.
• Creating experienced stores across the country.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ind AS

Third-party Assurance: P SINGHVI & ASSOCIATES, Chartered Accountants