Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability
• Responsible Broking

Social Achievements

• Intervention helps create new growth opportunities for people at the lower middle & bottom of the social pyramid

Governance Achievements

• Adopted a strategic approach towards sustainability by including wider economic, social & environmental objectives in our core business strategy

Climate Goals & Targets

Environmental Challenges

• Challenging business environment
• India’s growth story faced tough macro & global headwinds which put corporate earnings under pressure & impacted investor sentiments towards equities
• Rising inflation

Mitigation Strategies

• Giving more emphasis on technology to provide the enhanced service experience to our clients across the entire customer engagement process
• Effectively managing those costs that can be controlled & deliver to consistent profit margins despite these challenging times, using capital in amicable manner to ensure healthy & risk free balance sheet, which gives us the ability tap any viable opportunities that arise

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• ‘Stock Market Award’
• Felicitated by Commissioner of Police
• ‘Sanman Patra’
• ‘Best Corporate Services Award’
• Gujarat’s Gaurav Award
• ‘Swarnim Maharashtra Award – 2011’
• ‘Vyapar Ratna Puraskar-2012’

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Delay or failure in setting up a new manufacturing facility.
• Inability to successfully implement growth strategy.
• Lack of long-term contracts with customers.
• Volatility in raw material prices.
• Potential damage to inventories due to improper handling.
• High working capital requirements.
• Dependence on key personnel.
• Dependence on a limited number of vendors.
• Preliminary stage of project implementation.
• Assumptions regarding production capacities and utilization.
• Need to obtain and renew licenses and permits.
• Highly competitive industry.
• Geographic concentration of manufacturing facilities.
• Potential for labor disruptions.
• Risk of plant and machinery breakdowns.
• Negative cash flow from operating activities.
• Legal proceedings and potential litigations.
• Restrictive covenants in financing agreements.
• Lack of alternative arrangements for capital requirements.
• Lack of ownership of operating premises.
• Year-to-year variability in results of operations.
• Related party transactions.
• Equity shares allotted at prices lower than the offer price.
• Comparability issues with peer companies.
• Compliance requirements for variation in Net Proceeds utilization.
• Management estimates for funding requirements and deployment of proceeds.
• Flexibility in utilizing Net Proceeds without external monitoring.
• Recallable unsecured loans.
• Lack of dividend payments in the past.
• Majority control by Promoters after the Issue.
• Personal guarantees and mortgages by Promoters.
• Inadequate insurance coverage.
• Lack of commissioned industry report for Industry Overview.
• Strain on resources as a listed company.
• Impact of macroeconomic downturn in India.
• Changing laws, rules, and regulations.
• Impact of natural disasters, fires, and pandemics.
• Differences between Ind AS and other accounting principles.
• Fluctuations in Equity Share price and lack of liquid market.
• Potential dilution of shares due to future issuances.
• Indian taxes on capital gains.
• Restrictions on Bid withdrawal for QIBs and Non-Institutional Bidders.
• Impact of external factors beyond control.
• Changing laws and legal uncertainties in India.
• Difficulty in enforcing foreign judgments.

Mitigation Strategies

• Mitigating raw material price fluctuations by increasing selling prices.
• Consolidating manufacturing facilities to reduce costs.
• Diversifying customer base and product portfolio.
• Investing in new machinery to increase capacity and efficiency.
• Implementing quality control measures at all stages.
• Obtaining NOC from lenders for IPO.
• Implementing backward integration.
• Geographical expansion.
• Maintaining insurance for stocks.

Supply Chain Management

Climate-Related Risks & Opportunities