Pidilite Industries Limited has informed the Exchange regarding 'Business Responsiblity and Sustainablility Report'.
PIDILITIND · price
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Pidilite Industries has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with BSE and NSE, as required under SEBI's Listing Regulations. The report, which forms part of the Annual Report, has received Reasonable Assurance from KPMG Assurance and Consulting Services LLP for BRSR core attributes. Key figures include revenue of ₹12,073 crore, net worth of ₹9,676 crore, paid-up capital of ₹50.86 crore, and a workforce of 10,457 employees and 4,165 workers (with 6-7% female representation). The company has 33 domestic plants, operates in 36 Indian states and 73 countries, with exports contributing 8.25% of turnover. The report discloses no monetary penalties, no bribery or corruption cases, and a clean compliance record, while highlighting ESG initiatives like 53% sustainable sourcing, 4.41% capex on environmental improvements (up from 3.13%), and 100% plastic packaging waste collection under EPR obligations.
This is a routine regulatory disclosure rather than a price-moving announcement. The strong governance signals, third-party assurance from KPMG, and increased ESG investments reinforce Pidilite's reputation as a responsibly-managed company, which may appeal to ESG-focused investors. No material adverse findings or penalties were reported.