BSEOthers28 Aug 2026 · 28 Aug 2026, 08:19 pm
Business Responsibility and Sustainability Reporting (BRSR) for the Financial Year 2025-26
Finolex Industries Ltd · 500940
✦ AI SummaryESG
Finolex Industries Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as per Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Analysis Scores
Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Finolex Industries Ltd - 500940 - Business Responsibility and Sustainability Reporting (BRSR)
Attachments (1)
📄pdf
Download →
edd11382-219e-4895-ac61-cbd69ef09eeb.pdf
View document text
August 28, 2026
To, To,
National Stock Exchange of India Limited BSE Limited
Manager – Listing Department Manager – Listing Department
5, Exchange Plaza, Bandra-Kurla Complex Floor 25, P. J. Towers,
Bandra (East), Dalal Street,
Mumbai 400 051 Mumbai 400 001
Symbol: FINPIPE Scrip Code: 500940
Sub.: Business Responsibility and Sustainability Report for the Financial Year 2025-26
Ref.: Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
Dear Sir / Madam,
In terms of Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, read with the relevant SEBI Circular(s) as issued from time to time, we are
submitting herewith the Business Responsibility and Sustainability Report (“BRSR”) for the Financial
Year 2025-26, which forms an integral part of the 45th (Forty-Fifth) Annual Report of the Company.
The same is also available on the Company’s website of the Company at https://www.finolexpipes.com/
You are requested to take the above on your records.
Thanking you,
Yours sincerely,
For Finolex Industries Limited
Dakshinamurthy Iyer
Company Secretary & Compliance Officer
M. No.: A13004
Encl: As above
Finolex Industries Limited Annual Report 2025-26
Annexure-4
BUSINESS RESPONSIBILITY & SUSTAINABILITY
REPORT (BRSR)
SECTION A: GENERAL DISCLOSURES
I. Details of the listed entity
1. Corporate Identity Number (CIN) of the L40108PN1981PLC024153
Listed Entity
2. Name of the Listed Entity Finolex Industries Limited
3. Year of incorporation 28/03/1981
4. Registered office address Gat No.399, Village Urse, Taluka Maval, District
Pune, Maharashtra, India, 410506
5. Corporate address IndiQube ‘The Kode’ - 11th Floor, S.No. 134,
Hissa No. 1/38, Banner Pashan Link Road, Pune,
Maharashtra, India - 411045
6. E-mail investors@finolexind.com
7. Telephone 020-27408200
8. Website https://www.finolexpipes.com/
9. Financial year for which reporting is being done 1st April 2025 to 31st March 2026
10. Name of the Stock Exchange(s) where shares BSE Limited and National Stock Exchange of
are listed India Limited
11. Paid-up Capital ₹124.10 Crores
12. Name and contact details (telephone, email Mr. Dakshinamurthy Iyer
address) of the person who may be contacted Tel: 020 - 27408200
in case of any queries on the BRSR report
Email: investors@finolexind.com
13. Reporting boundary - Are the disclosures under This report is prepared on a standalone basis
this report made on a standalone basis (i.e. only
for the entity) or on a consolidated basis (i.e.
for the entity and all the entities which form a
part of its consolidated financial statements,
taken together).
14. Name of assurance provider TUV SUD SOUTH ASIA PRIVATE LIMITED
15. Type of assurance obtained Reasonable assurance
II. Product/Services
16. Details of business activities (accounting for 90% of the turnover):
Sr. No. Description of Main Activity Description of Business Activity % of Turnover of the entity
1 Manufacturing PVC Pipes & Fittings 99
17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover):
Sr. No. Product/Service NIC Code % of total Turnover contributed
1 PVC Pipes & Fittings 22209 99
III. Operations
18. Number of locations where plants and/or operations/offices of the entity are situated:
Location Number of Plants Number of Offices Total
National 4 7 11
International - - -
Corporate Overview Statutory Reports Financial Statements
19. Markets served by the entity
a. Number of locations
Location Number
National (No. of States) 25
International (No. of Countries) -
b. What is the contribution of exports as a percentage of the total turnover of the entity?
c. A brief on types of customers
Finolex Industries Limited (“the Company” or “Finolex”) is one of India’s leading manufacturers of PVC resin,
pipes, and fittings. With a strong backward-integrated business model, the Company is among the largest
integrated PVC pipe manufacturers in India. Finolex offers a diverse range of PVC pipes and fittings catering
to applications across agriculture, plumbing, and sanitation. Its customer base includes farmers, plumbers,
plumbing contractors, and builders.
IV. Employees
20. Details as of the end of the financial year:
a. Employees and workers (including differently abled):
Sr. Total Male Female
Particulars
No. (A) No.(B) %(B/A) No.(C) %(C/A)
EMPLOYEES
1. Permanent(D) 1,132 1,090 96.29% 42 3.71%
2. Other than Permanent (E) - - - - -
3. Total employees (D+E) 1,132 1,090 96.29% 42 3.71%
WORKERS
4. Permanent(F) 193 193 100.00% - -
5. Other than Permanent (G) 2,977 2,847 95.63% 130 4.37%
6. Total workers (F+G) 3,170 3,040 95.90% 130 4.10%
b. Differently abled Employees and workers:
Sr. Total Male Female
Particulars
No. (A) No.(B) %(B/A) No.(C) %(C/A)
DIFFERENTLY ABLED EMPLOYEES
1. Permanent(D) 1 1 100.00% - 0.00%
2. Other than Permanent (E) - - - - -
3. Total differently-abled employees (D+E) 1 1 100.00% - 0.00%
DIFFERENTLY ABLED WORKERS
4. Permanent(F) - - - - -
5. Other than Permanent (G) 3 3 100.00% - 0.00%
6. Total differently-abled workers (F+G) 3 3 100.00% - 0.00%
21. Participation/Inclusion/Representation of Women:
Total Number and percentage of Females
(A) No.(B) %(B/A)
Board of Directors 10 2 20.00%
Key Management Personnel 2 - -
Finolex Industries Limited Annual Report 2025-26
22. Turnover rate for permanent employees and workers:
FY 2026 FY 2025 FY 2024
Male Female Total Male Female Total Male Female Total
Permanent 22.44% 44.00% 23.33% 22.27% 15.84% 22.02% 16.81% 16.67% 16.80%
Employees
Permanent 1.54% - 1.54% 1.53% - 1.53% 3.00% - 3.00%
Workers
V. Holding, Subsidiary, and Associate companies (including joint ventures)
23. a. Names of holding/ subsidiary/ associate companies/ joint ventures
Indicate whether Does the entity indicated
Name of the holding/ holding/ % of shares at column A, participate in
subsidiary / associate Subsidiary/ held by listed the Business Responsibility
companies / joint ventures (A) Associate/ Joint entity initiatives of the listed entity?
Venture (Yes/No)
1 Finolex Plasson Industries Associate 46.35 No
Private Limited
2 Pawas Port Limited Associate 49.99 No
VI. CSR Details
24. (i) Whether CSR is applicable as per section 135 of the Companies Act, 2013: (Yes/No): Yes
(ii) Turnover (Rs. in Crores): 4113.43
(iii) Net worth (Rs. in Crores): 6077.36
VII. Transparency and Disclosure Compliances
25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines
on Responsible Business Conduct:
FY 2026 FY 2025
Grievance Redressal
Stakeholder Number of Number of
Mechanism in Place Number of Number of
group from complaints complaints
(Yes/No) (If Yes, then complaints complaints
whom the pending pending
provide web-link for filed Remarks filed Remarks
complaint is resolution resolution
grievance redress during the during the
received at close of at close of
policy) year year
the year the year
Communities Yes https://www. 0 0 - 0 0 -
finolexpipes.com/
investors/policies-
code-of-conduct/
Investors Yes https://www. 0 0 - 0 0 -
(other than finolexpipes.com/
shareholders) investors/investors-
relations-centre/
Shareholders Yes https://www. 52 1 - 63 0 -
finolexpipes.com/
investors/investors-
relations-centre/
Employees Yes https://www. 0 0 - 0 0 -
and workers finolexpipes.com/
esg/?it=sustainability/
Customers Yes https://www. 1,113 0 - 1,245 0 -
finolexpipes.com/
esg/?it=sustainability/
Value Chain Yes https://www. 0 0 - 0 0 -
Partners finolexpipes.com/
esg/?it=sustainability/
Other Not Applicable - - - - - -
(please specify)
Corporate Overview Statutory Reports Financial Statements
26. Overview of the entity’s material responsible business conduct issues
Please indicate material responsible business conduct and sustainability issues pertaining to
environmental and social matters that present a risk or an opportunity to your business, rationale for
identifying the same, and approach to adapt or mitigate the risk along with its financial implications, as
per
[Showing first 8,000 characters — download PDF for full document]