NSECredit Rating- Others6 Oct 2026 · 6 Oct 2026, 03:05 pm
Credit Rating- Others
Century Plyboards (India) Limited · CENTURYPLY
✦ AI SummaryESG
Century Plyboards (India) Ltd has received an ESG rating of 'Crisil ESG 62' from Crisil ESG Ratings & Analytics Ltd, moving to the 'Strong' category, primarily driven by improved performance on environment and social scores. The company has also received a Core ESG rating of 'Crisil Core ESG 69'.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment0/10
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Century Plyboards (India) Limited has informed the Exchange about Credit Rating- Others
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6th October, 2026
BSE Ltd. National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex, Bandra (E)
Dalal Street Mumbai- 400 051
Mumbai- 400 001 Scrip Name- Centuryply
Scrip Code: 532548
Dear Sir/Madam,
Sub: Intimation of ESG rating
Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“the Listing Regulations”) read with the SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2 /I/3762/2026 dated 30th January, 2026
This is to inform that Crisil ESG Ratings & Analytics Ltd (“CRISIL”), a SEBI registered ESG Rating Provider
has voluntarily assigned an ESG rating of “CRISIL ESG 62” to the Company, based on publicly disclosed
information for the fiscal year 2026.
As per the category defined by CRISIL, rating between 61-70 is considered as “Strong”.
Please note that the Company has not engaged CRISIL for ESG Rating. CRISIL has independently prepared the
report based on data available in the public domain.
This disclosure is made in compliance with the provisions of regulation 30 of the Listing Regulations read with
the SEBI circulars.
We request you to kindly take this on record.
Thanking you,
Yours faithfully,
For Century Plyboards (India) Ltd.
Company Secretary
ESG Rating
Rationale
Century Plyboards (India) Ltd
Sector: Plywood Boards/ Laminates
Sector category: Low risk Medium risk High risk
Primary business: Manufacturing of plywood & block board, medium density fibre board, and
laminates
Scoring period: Fiscal 2026
Updated on: October 1, 2026
For more details on Crisil ESG Ratings’ ESG methodology, please refer to our website
Confidential document – not to be published
Below
Rating Weak Adequate Strong Leader
average
Crisil ESG 62*
category 0-40 41-50 51-60 61-70 71-100
Core ESG rating** Crisil Core ESG 69*
*On a rating scale of 0-100, with 100 being the highest and 0 the lowest
**In line with SEBI ERP Regulations, Core ESG ratings offered by Crisil ESG Ratings & Analytics Ltd’s (Crisil ESG Ratings’) are based only on an assessment of third-party reasonably assured or
audited data BRSR Core disclosures. Please note that BRSR Core disclosures are only a subset of the various ESG parameters considered by Crisil ESG Ratings in evaluation of the ESG ratings.
Resultantly, ESG ratings and Core ESG ratings assigned on an entity are not directly comparable.
Note: None of the Directors on Crisil ESG Ratings & Analytics Ltd’s (Crisil ESG Ratings’) Board are members of the ESG Rating Committee and thus do not participate in the discussions or assignments
of any ESG ratings. The Board of Directors also does not discuss any ESG ratings at its meetings.
ESG rating history
Assessment based on data for the
Date of rating publication ESG rating^ Rating category
year ended
March 31, 2024 May 12, 2024 Crisil ESG 52 Adequate
March 31, 2025 October 3, 2025 Crisil ESG 51 Adequate
^ESG ratings are different from credit ratings. An ESG rating is an assessment of an entity’s exposure and ability to manage ESG-related risks and opportunities. A credit
rating represents the rating agency's opinion on the likelihood of a rated debt obligation being repaid in full and on time. ESG ratings are provided by Crisil ESG Ratings
and credit ratings are provided by Crisil Ratings Ltd.
**Crisil Ltd launched its ESG scoring business in June 2021 using a robust India-specific framework on the environmental, social and governance aspects. Pursuant to the
receipt of ERP registration by Crisil ESG Ratings from the SEBI on April 25, 2024, Crisil Ltd transferred its ESG scoring business to Crisil ESG Ratings on May 03, 2024.
Consequently, Crisil's outstanding ESG scores for equity and debt-listed entities have been migrated to Crisil ESG Ratings w.e.f. May 03, 2024, the date of commencement
of its operations.
Summary
The overall ESG rating of Century Plyboards (India) Ltd (CPIL) has increased to ‘Crisil ESG 62’ from ‘Crisil ESG 51’
earlier, with the company moving to the ‘Strong’ category primarily driven by its improved performance on environment
(E) and social (S) scores
Further, Crisil ESG Ratings has assigned a Core ESG rating1 of ‘Crisil Core ESG 69’ to CPIL.
On E pillar, the company has performed better than peers on Scope 1+2 emissions, non-hazardous waste generation
and water withdrawal intensity. On S pillar, the company performed better than peers on workforce parameters like
gender diversity of workers, higher sourcing from MSMEs and high share of employees trained on safety measures and
skill upgradation.
CPIL was assessed based on public disclosures on ESG parameters it made at the consolidated level and other
information in public domain.
The final environmental (E) and social (S) scores are a combination of the company’s performance relative to its peers,
as well as the respective sector’s impact on environment and society. Governance (G), on the other hand, is sector-
agnostic, and hence has no sectoral performance attached to it. This approach allows Crisil ESG Ratings the flexibility
to bring nuanced sector-specific parameters into the assessment of a specific company, while retaining the cross-sector
comparability of the final ratings.
Pillar-wise ESG scores
Environmental (35%) 54
Social (25%) 59
Governance (40%) 70
0 20 40 60 80 100
On a scale of 0-100, with 100 being the highest and 0 the lowest
Key strength areas
• Lower than peer’s intensities of Scope 1 and 2 emissions, hazardous waste generation and water withdrawal
• High share of renewable energy consumption in overall energy consumption mix
1 In-line with the SEBI ERP regulations, Crisil ESG Ratings has assigned Core ESG rating on CPIL. Please note Core ESG ratings are based only on
BRSR Core disclosures, which are only a small subset of the various ESG parameters considered by Crisil ESG Ratings in evaluation of the ESG
ratings. Resultantly, ESG ratings and Core ESG ratings assigned on an entity are not directly comparable. For further details, please refer to our
detailed ESG ratings methodology.
• Improved gender diversity of workers, high share of employment generated in the rural areas (~45% of total wages
paid are to workforce employed in rural areas) and high proportion of employees imparted training on safety
measures and skill upgradation
• High average attendance of directors at Board and committee meetings (~95% and 100%, respectively), moderate
share of women directors on the Board (~24%) and zero investor and whistle blower complaints received is fiscal
year 2026
Key focus areas
• Higher energy consumption and non-hazardous waste generation intensity
• Higher attrition rate, lost time injury frequency rate (LTIFR) of the workforce, customer complaints and relatively
lower input material sourced from within India
Rating sensitivity factors
Upward factors
• Efficiencies in the energy consumption and non- hazardous waste generation
• Significant decline in the attrition rate, LTIFR of workforce and customer complaint intensity
Downward factors
• Deterioration in environmental performance, including higher emissions and energy consumption and waste
generation
• Further increase in attrition rate or weakening of other key workforce parameters like attrition rate, lower employee
coverage on skills and safety measures
• Any material governance lapse, adverse ESG controversy, regulatory action, or deterioration in board effectiveness
and disclosure practices
Note: Data on the composition of the Board and various committees is as on October 1, 2026
Compliance lapses, regulatory action and controversies
There is no material controversy as of October 1, 2026
DISCLAIMER
This disclaimer is part of and applies to each ESG rating rationale (’rating rationale’) provided by Crisil ESG Ratings & Analytics
Limited ('Crisil ESG Ratings'). For the avoidance of doubt, the term ‘rating rationale’ includes the information, ratings and other content
forming part of the rating rationale. The rating rationale is intended for use
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