Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Business Responsibility and Sustainability Report ( BRSR ) of the Company for the financial year ended March 31, 2025, which also forms part of the Annual Report of the Company for the financial year 2024-25.
EVERESTIND · price
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Everest Industries has filed its Business Responsibility and Sustainability Report (BRSR) for FY ended March 31, 2025, as part of its Annual Report, in compliance with SEBI's Regulation 34. The company, incorporated in 1934 and listed on BSE and NSE, reported a turnover of Rs. 1,707.02 crore and net worth of Rs. 623.27 crore. Its main products are Roofing Sheets (47%), Boards (17%), and Pre-Engineered Steel Buildings (36%), served across 36 states and 18 countries, with exports at 1.63% of turnover. The company has 1,123 permanent/other employees and 4,735 workers, with women making up only 8.46% of employees and 0.97% of workers. It has set sustainability targets including 50% of Boards and Panels revenue from EPD-certified products by 2027 and ISO 45001 certification across all 8 plants by 2027. The BRSR was filed on a standalone basis with no third-party assurance, and no fines or penalties were reported for corruption or anti-bribery issues.
This is a routine regulatory disclosure and is unlikely to cause any immediate stock price movement. However, it highlights areas investors may track going forward: weak gender diversity (especially among workers at 0.97%), high customer complaints (29,645 filed, 1,273 pending), and the company's progress on its 2027 sustainability and safety targets. The absence of BRSR assurance and standalone-only reporting are minor governance considerations.