PPLPHARMANSEPiramal Pharma LimitedMinimalNeutral
Announced Wed, 2 Jul · 12:59 IST

Piramal Pharma Limited has informed the Exchange regarding 'Business Responsibility & Sustainability Report for the financial year 2024-25

PPLPHARMA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Piramal Pharma has submitted its mandatory Business Responsibility & Sustainability Report (BRSR) for FY 2024-25 to the stock exchanges, as required under SEBI Listing Regulations. The company is a pure-play pharmaceutical manufacturer with 18 global plants and exports contributing 68.55% of its ₹5,285.71 Crore turnover. It employs 5,216 permanent staff and 3,346 workers, with 30% female representation on the board. PPL has set science-based targets to cut Scope 1 & 2 emissions by 42% by FY 2030 and Scope 3 emissions by 25%, and has achieved zero hazardous waste to landfill. During FY25, the company paid around ₹25.85 Crore in regulatory penalties, fines, and a VetDC settlement, though no bribery or corruption cases were reported.

Likely market impact

This is a routine regulatory ESG disclosure and is unlikely to move the stock on its own, but investors can track PPL's decarbonisation targets, diversity metrics, and the cumulative regulatory penalties (~₹25.85 Cr) which have been contested in part. The report highlights rising concentration of sales via dealers (97%) and a significant increase in payables cycle to 182 days from 140 days.