Date: 21st July, 2026

Business Operations

Main Business Activity: Manufacture of paints, varnishes, enamels or lacquers (NIC Code 202) contributing 98.8% of turnover

Secondary Activity: Manufacture of organic and inorganic chemical compounds (NIC Code 201) contributing 1.2% of turnover

Operational Presence:

  • 15 manufacturing plants and 207 depots/offices nationally
  • No international operations
  • Markets served: 28 States and 8 Union Territories nationally, 5 countries internationally
  • Export contribution: 0.38% of total turnover
  • Customer types: Household, Industries, Government, Government Institutes, OEMs, and others

Employee Statistics

Total Workforce (as at 31st March 2026):

  • Employees: 9,119 (8,933 Male, 186 Female)
  • Workers: 5,534 (5,276 Male, 258 Female)
  • Total: 14,653

Permanent Staff:

  • Permanent Employees: 4,616 (4,517 Male, 99 Female)
  • Permanent Workers: 489 (488 Male, 1 Female)

Differently Abled: 3 workers (all male, other than permanent)

Gender Representation:

  • Board of Directors: 2 females out of 10 directors (20%)
  • Key Management Personnel: 0 females out of 3 KMPs

Turnover Rates (FY 2025-26):

  • Permanent Employees: 28.83% overall (28.95% male, 23.59% female)
  • Permanent Workers: 3.47% overall (3.48% male, 0.00% female)

Subsidiaries and Joint Ventures

Entities Participating in Business Responsibility Initiatives:

1. Berger Jenson & Nicholson (Nepal) Private Limited (Subsidiary, 100% holding)

2. Beepee Coatings Private Limited (Subsidiary, 100% holding)

3. SBL Specialty Coatings Private Limited (Subsidiary, 100% holding)

4. Berger Hesse Wood Coatings Private Limited (Subsidiary, 51% holding)

5. Berger Rock Paints Private Limited (Subsidiary, 51% holding)

6. Berger Nippon Paint Automotive Coatings Private Limited (Joint Venture, 49% holding)

7. Berger Becker Coatings Private Limited (Joint Venture, 48.98% holding)

Other Entities:

  • Berger Paints (Cyprus) Limited (Subsidiary, 100% holding)
  • Lusako Trading Limited (Subsidiary, 100% holding)
  • STP Limited (Subsidiary, 95.53% holding)
  • UK Paints (India) Private Limited (Holding, 64.57% holding acquired effective 31 December 2025)

CSR Applicability

CSR Applicable: Yes

Turnover: ₹10,420.10 Crore

Net Worth: ₹6,342.90 Crore

Stakeholder Grievances (FY 2025-26)

Shareholders: 15 complaints filed, all resolved

Employees/Workers: 2 POSH complaints filed, both investigated and persons at fault terminated

Customers: 10,296 complaints filed, 1,030 pending resolution as of 31st March 2026

Communities/Investors/Value Chain Partners: No complaints

Material Responsibility Issues

1. Green House Gas Management (Opportunity): Several steps taken to reduce GHG emissions through process changes and alternative energy usage. Positive financial implications through better usage and cost lowering.

2. Climate (Risk): Physical impacts of climate change may affect production infrastructure. Mitigation through careful assessment, planning, infrastructure resilience, and comprehensive insurance coverage. Negative financial implications.

3. Water Management (Risk): Water being finite resource may become challenge despite water positive status efforts. Mitigation through rainwater harvesting, recycling, and reduced wastage. Negative implications due to potential shortage.

4. Business Ethics, Compliances and Transparency (Opportunity): Strengthens work culture and reputation. Positive implications through better efficiency, motivation, and minimized non-compliance costs.

5. Consumer Satisfaction (Risk): Shortcomings could be extremely damaging to corporate priority. Mitigation through quality products, timely delivery, continuous customer connect, and speedy complaint resolution. Positive implications for revenue growth.

6. Employee Training and Education (Opportunity): Generates technical knowledge, ethical values, and wider perspective on environmental protection and community welfare. Positive implications for ESG maturity.

7. Supply Chain Sustainability (Risk): Significant shortcomings can damage company reputation. Mitigation through onboarding with Supplier Code of Conduct, awareness generation, and monitoring sustainability practices adoption. Negative implications if failed over long term.

Management and Process Disclosures

Policy Coverage: All 9 NGRBC Principles covered by policies approved by Board

Policy Translation: All policies translated into procedures

Value Chain Extension: All policies extend to value chain partners

Certifications/Standards:

  • ISO 9001:2015, ISO 14001:2015, ISO 45001:2018
  • Products conforming to BIS/GRIHA/ISI/IGBC/UL specifications
  • Plant design per national/international standards (NBC/NFPA/EN/ATEX)
  • EIA carried out for all projects under MOEF/NGT guidelines
  • SIA carried out for all Projects

ESG Governance:

  • Director Statement: Mr. Abhijit Roy, Managing Director and CEO (DIN: 03439064)
  • ESG Committee: Headed by Mr. Anoop Hoon, Independent Director, with Mr. Abhijit Roy as member
  • Review Frequency: Annual review of performance against policies and statutory compliance

Principle-wise Performance Disclosure

PRINCIPLE 1: Ethical, Transparent and Accountable Conduct

Training Coverage:

  • Board of Directors: 2 programs, 100% coverage
  • KMP: 7 programs, 100% coverage
  • Employees: Various programs on Business Ethics (37%), Health & Safety (35%), Skill Upgradation (100%), Human Rights (40%)
  • Workers: Various programs on Business Ethics (53%), Health & Safety (100%), Skill Upgradation (38%), Human Rights (15%)

Compliance: No fines/penalties/settlement amounts paid in proceedings

Anti-corruption Policy: Yes, available at https://www.bergerpaints.com/about-us/policies/anti-bribery-and-anti-corruption-policy

Disciplinary Action: No action against Directors/KMPs/employees/workers for bribery/corruption

Conflict of Interest: No complaints received

Accounts Payable Days: 81 days (FY 2025-26) vs 92 days (FY 2024-25)

Business Openness:

  • Purchases from trading houses: 16.27% of total purchases (375 trading houses)
  • Top 10 trading houses: 49.62% of trading house purchases
  • Sales to dealers/distributors: 94.75% of total sales (64,475 dealers)
  • Top 10 dealers: 1.88% of dealer sales
  • Related Party Transactions: Purchases 4.48%, Sales 0.90%, Loans & Advances 100%, Investments 44.32%

PRINCIPLE 2: Sustainable and Safe Goods/Services

R&D and Capex:

  • R&D investment in sustainability: 21% of total R&D
  • Capex investment in sustainability: 24.1% of total Capex

Sustainable Sourcing: 82% of inputs sourced sustainably through Supplier Code of Conduct

Waste Reclamation Processes:

  • Plastics: EPR obligations fulfilled through authorized recyclers, internal recovery and reuse
  • E-waste: Managed through CPCB/SPCB-approved recyclers with data destruction protocols
  • Hazardous waste: Handled per Hazardous Waste Rules, with solvent recovery and co-processing
  • Other waste: Segregation and recycling of paper, metal, plastic; composting of organic waste

EPR Compliance: Yes, waste collection plan aligned with EPR plan submitted to Pollution Control Boards

PRINCIPLE 3: Employee Well-being

Well-being Measures:

  • 100% coverage for health insurance, accident insurance for all employees and workers
  • Maternity benefits: 2.14% of permanent employees, 0.20% of permanent workers
  • Spending on well-being: 0.10% of total revenue

Retirement Benefits:

  • PF: 100% coverage for employees and workers, duly deposited
  • Gratuity: 100% coverage for employees and workers
  • ESI: 0.04% employees, 9.00% workers covered
  • EPS: 86.05% employees, 88.14% workers covered

Workplace Accessibility: Premises accessible to differently abled as per Rights of Persons with Disabilities Act, 2016

Equal Opportunity Policy: Yes, available at https://www.bergerpaints.com/about-us/policies/equal-employment-opportunity-policy

Parental Leave: 100% return to work and retention rates for permanent employees

Grievance Mechanism: Available for all categories of employees and workers through dedicated teams and complaint boxes

Union Membership:

  • Permanent Employees: 1.10% membership
  • Permanent Workers: 59.71% membership

Training Provided:

  • Employees: 35% received health/safety training, 100% received skill upgradation
  • Workers: 100% received health/safety training, 38% received skill upgradation

Performance Reviews: 78.55% of permanent employees received performance and career development reviews

Health & Safety:

  • OHS Management System implemented across all operations
  • Formal processes for hazard identification, risk assessment, and worker reporting
  • No lost time injuries, fatalities, or high consequence injuries
  • Comprehensive safety measures including governance, risk assessment, employee participation, medical infrastructure, and emergency preparedness
  • No complaints on working conditions or health & safety
  • 100% of plants and offices assessed for health/safety practices and working conditions

PRINCIPLE 4: Stakeholder Responsiveness

Key Stakeholder Groups Identified: Shareholders, Employees, Customers, Suppliers/Partners, Government, Communities

Engagement Frequency: Ongoing, year-round process for most stakeholder groups

PRINCIPLE 5: Human Rights

Human Rights Training:

  • Employees: 40% coverage (3,679 employees)
  • Workers: 15% coverage (816 workers)

Remuneration: All employees and workers paid at or above minimum wage

Median Remuneration:

  • Executive Directors: ₹10,54,62,790
  • Non-Executive Directors: ₹8,25,000 (commission only)
  • KMP: ₹1,17,01,255
  • Employees: ₹10,64,702 (male), ₹9,61,906 (female)
  • Workers: ₹5,71,930 (male), ₹5,83,270 (female)

Gross Wages to Females: 1.88% of total wages

Human Rights Complaints:

  • Sexual Harassment: 2 POSH complaints, both upheld and persons at fault terminated
  • Discrimination: 1 complaint in previous year, resolved
  • No complaints on child labour, forced labour, wages or other human rights issues

Assessments: 100% of plants assessed for child labour, forced labour, sexual harassment, discrimination, and wages

PRINCIPLE 6: Environmental Protection

Energy Consumption:

  • Total energy consumed: 38,32,51,630 MJ
  • Renewable energy: 39% of total energy
  • Energy intensity: 3,678 MJ/Mln INR, 641 MJ/KL
  • Improvement: 2.2% reduction in energy intensity per rupee, 7.7% reduction per KL

Water Management:

  • Total water consumption: 400,143 KL
  • Water intensity: 3.84 KL/Mln INR, 0.67 KL/KL
  • Improvement: 0.26% reduction in water intensity per rupee, 7% reduction per KL
  • Water discharge: 6,182 KL (treated through ETP/ZLD systems)
  • Zero Liquid Discharge: Implemented at more than 60% units

Air Emissions:

  • NOx: 31.76 mg/m³ (average)
  • SOx: 16.24 mg/m³ (average)
  • Particulate Matter: 51.92 mg/m³ (average)
  • VOC: 2.56 ppm (average)

GHG Emissions:

  • Scope 1: 8,785 tCO2e (standalone), 10,770 tCO2e (with equity share)
  • Scope 2: 34,147 tCO2e (location-based)
  • Total intensity: 0.41 tCO2e/Mln INR, 0.07 tCO2e/KL
  • With equity share: 0.44 tCO2e/Mln INR, 0.07 tCO2e/KL

GHG Reduction Projects: Multiple rooftop solar plants and biomass fuel systems across plants, with significant cost savings and emission reductions

Waste Management:

  • Total waste generated: 10,951 metric tonnes
  • Waste intensity: 0.11 MT/Mln INR, 0.018 MT/KL
  • Waste recovered: 1,048 MT (9.5% recovery rate)
  • Waste disposed: 9,903 MT (90.5% disposal rate)

Environmental Compliance: Compliant with applicable environmental laws; no material non-compliances reported

PRINCIPLE 7: Responsible Policy Influence

Industry Affiliations: Member of Bengal Chamber of Commerce, Confederation of Indian Industry, Indian Paint Association

Awards: Multiple awards for energy efficiency, safety, environmental excellence, and manufacturing excellence

PRINCIPLE 8: Inclusive Growth

Procurement:

  • 26.49% of inputs sourced from MSMEs/small producers
  • 83.47% of inputs sourced from within India

Job Creation: 15.99% of wage cost paid to persons employed in smaller towns (rural/semi-urban)

CSR in Aspirational Districts: Amounts spent across 62 aspirational districts in multiple states

PRINCIPLE 9: Responsible Consumer Engagement

Consumer Complaint Mechanisms: Multiple channels including email, phone, website, social media, and offline offices

Product Information:

  • 82% of products carry environmental and social parameter information
  • 100% of products carry safe and responsible usage information
  • No products carry recycling/safe disposal information

Consumer Complaints: No complaints on data privacy, advertising, cybersecurity, delivery of essential services, restrictive trade practices, or unfair trade practices

Product Recalls: No instances of product recalls

Cybersecurity Policy: Yes, Information Security Policy and Information Security Risk Management Policy available on website

Data Breaches: No instances of data breaches

Assurance Report

Assurance Provider: Futurestation Services LLP

Assurance Type: Reasonable Assurance

Period: 1st April 2025 to 31st March 2026

Opinion: BRSR Core attributes prepared in all material respects

Key Observations:

  • Energy, water, waste and safety data covers 15 plants and depots across country
  • GHG organizational boundary follows equity share approach covering 7 of 17 subsidiaries/JVs
  • Scope 2 emissions data is location-based
  • Waste measurement at point of disposal, opening/closing stock accounting not done
  • Production intensity metrics use estimated density conversion for solid products

BRSR Core Metrics (FY 2025-26)

1. GHG Footprint: Scope 1: 10,770 tCO2e, Scope 2: 38,703 tCO2e, Intensity: 8.93 tCO2e/Mln INR PPP, 0.07 tCO2e/KL

2. Water Footprint: Consumption: 400,143 KL, Intensity: 78.11 KL/Mln INR PPP, 0.67 KL/KL, Discharge: 6,182 KL

3. Energy Footprint: Consumption: 38,32,51,630 MJ, Renewable: 39%, Intensity: 74,811 MJ/Mln INR PPP, 641 MJ/KL

4. Waste Management: Generated: 10,951 MT, Intensity: 2.23 MT/Mln INR PPP, 0.018 MT/KL, Recovered: 1,048 MT (9.5%), Disposed: 9,903 MT (90.5%)

5. Employee Well-being: Spending: 0.10% of revenue, Safety: No permanent disabilities, fatalities, LTIFR=0

6. Diversity: POSH complaints: 0.47% of female employees/workers, 2 upheld

7. Inclusive Development: MSME sourcing: 26.49% of purchases, Smaller town jobs: 15.99% of wage cost

8. Customer/Supplier Fairness: Data breaches: 0%, Accounts payable days: 81 days

9. Business Openness: Trading house purchases: 16.27%, Dealer sales: 94.75%, RPTs: Purchases 4.48%, Sales 0.90%, Loans 100%, Investments 44.32%