Kajaria Ceramics publishes comprehensive FY2024-25 Business Responsibility & Sustainability Report
The announcement provides extensive details on the company's ESG performance and policies, which are crucial for long-term investor and stakeholder evaluation. While not directly impacting short-term financials, it enhances the company's reputation and compliance standing, signifying a medium-term strategic impact.
The announcement details a comprehensive Business Responsibility & Sustainability Report, highlighting strong commitments to ESG principles, employee well-being, ethical conduct, and high compliance standards with nil penalties, indicating a proactive and positive approach to responsible business.
Kajaria Ceramics Limited has submitted its Business Responsibility & Sustainability Report (BRSR) for the financial year 2024-25. The report provides detailed disclosures on the company's environmental, social, and governance (ESG) performance and commitments. * The report covers Kajaria Ceramics Limited and its subsidiaries, with a paid-up capital of INR 15.93 Crore. * Key business activities include manufacturing and trading of ceramic and vitrified tiles (89% of turnover) and other products like bathware, sanitaryware, plywood, and tile adhesives (11%). * The company operates 11 national plants, 1 international plant, 65 national offices, and 3 international offices, serving 36 states/UTs in India and 28 international countries. Exports contribute 1.08% of total turnover. * As of FY 2024-25, the company had 2,592 employees (96% male, 4% female) and 5,060 workers (97% male, 3% female). Women constitute 12.5% of the Board of Directors. * CSR is applicable, with a turnover of ₹4,683 Crore and a net worth of ₹2,744 Crore. * The company reported zero fines, penalties, or disciplinary actions related to bribery/corruption for FY 2024-25. * All nine NGRBC (National Guidelines on Responsible Business Conduct) principles are covered by the company's policies, which are Board-approved and extend to value chain partners. * The company holds various certifications including ISO 9001, 14001, 45001, 22000, 50001, and is a member of the India Green Building Council (IGBC). * R&D efforts focus on eco-friendly technologies, and capital expenditure includes initiatives for clean energy, such as solar panels and biomass as an alternative fuel. * Employee well-being measures include accident insurance for 99% of employees and 100% of permanent workers, and 100% maternity benefits for female permanent employees and workers. Spending on well-being was 0.04% of total revenue. * The company ensures an inclusive work environment with accessible facilities for differently-abled individuals and has an equal opportunity policy. * A grievance redressal mechanism is in place for all categories of employees and workers, with 16 shareholder complaints and 52 customer complaints received and resolved during FY 2024-25. * An occupational health and safety management system, aligned with ISO 45001, is implemented across all plants, with proactive hazard identification and training. * For FY 2024-25, the Lost Time Injury Frequency Rate (LTIFR) was 0.45 for employees and 0.32 for workers, with zero fatalities. * Mr. Ashok Kajaria, Chairman and Managing Director, reaffirmed the company's commitment to ESG principles, emphasizing continuous improvement and transparent communication.
What to do with a filing like this
Kajaria Ceramics Limited filed this with the NSE as a statutory disclosure, categorised under sustainability. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Kajaria Ceramics Limited. Read the original for the full detail.