BRSR Audit Report — Tryster Limited

Data Visualisation

FY 2022-23 to FY 2024-25

Scope 1 + 2 Emissions Intensity — tCO₂e / ₹ Cr Turnover

FY 2022-23

3.1

FY 2023-24

3.24

FY 2024-25

3.76

Emissions intensity increased from 3.24 to 3.76 tCO₂e/Cr INR (16% rise) despite stated carbon neutrality target by 2030. Transition to renewable energy partially offset by increased grid electricity consumption.

Energy Consumption Mix — FY 2024-25 (GJ)

Non-Renewable (Grid)

144,620 (24%)

Non-Renewable (Fuel)

82,803 (14%)

Renewable (Solar/Wind)

154,136 (25%)

Renewable (Biofuel)

224,934 (37%)

Renewable energy constitutes 62.5% of total consumption. However, non-renewable grid electricity increased significantly from 100,750 GJ to 144,620 GJ (44% increase) requiring reconciliation with stated 100% renewable power target by 2030.

Workforce Headcount — Permanent vs. Contractual

21,325

BRSR Disclosure

21,325

Annual Report p.3-4 BRSR

Permanent (BRSR)

19620

Contractual (BRSR)

1705

Contractual (AR)

1705

Grievance & Complaints Cross-Verification

Category

BRSR

Ann. Report

POSH Complaints

Ethics / Whistleblower

Wage / Labour

Environmental

BRSR reports 0 POSH complaints and 0 employee grievances. Annual Report confirms 0 POSH complaints filed under Sexual Harassment of Women at Workplace Act. Customer complaints show 21 received with 4 pending, requiring attention to closure rates.

10-Point Compliance Checklist

Click any row to expand

XBRL–ODF Consistency Check

Compliant

FINDING

Low RISK

XBRL structured data aligns with PDF disclosures. Key metrics including turnover (₹9,497.80 Cr), workforce counts (18,589 permanent employees, 1,031 permanent workers), and emissions data (6,538 tCO₂e Scope 1, 29,205 tCO₂e Scope 2) are consistent across filing formats.

RECOMMENDED ACTION

Continue maintaining robust data governance protocols. Document reconciliation procedures for future filings.

EVIDENCE & REFERENCES

See source documents.

"N/A" Field Assessment

Compliant

FINDING

Low RISK

All energy data consistently reported in Gigajoules (GJ). Total energy consumption of 606,493 GJ properly segregated between renewable (379,070 GJ) and non-renewable (227,423 GJ) sources. Energy intensity correctly calculated at 63.86 GJ/Cr INR.

RECOMMENDED ACTION

Maintain current standardization protocols. Consider adding conversion factors disclosure for enhanced transparency.

EVIDENCE & REFERENCES

See source documents.

Inter-Document Data Reconciliation

Compliant

FINDING

Low RISK

Revenue from operations used as denominator (₹9,497.80 Cr) excludes discontinued operations revenue of ₹438.26 Cr as noted. Emissions intensity of 3.76 tCO₂e/Cr INR and water intensity of 43.6 KL/Cr INR correctly calculated. PPP-adjusted figures use IMF factor of 20.66.

RECOMMENDED ACTION

Continue transparent disclosure of denominator methodology. Consider adding reconciliation table to audited financial statements.

EVIDENCE & REFERENCES

See source documents.

GHG Calculation Integrity

Attention

FINDING

Medium RISK

Multiple N/A entries identified: Scope 3 emissions not calculated, Life Cycle Assessment not conducted, no transition assistance programs for retiring employees. While some N/A entries are justified (e.g., no operations in ecologically sensitive areas), Scope 3 omission is significant for a company with 54% trading revenue.

RECOMMENDED ACTION

Prioritize Scope 3 emissions calculation for FY 2025-26, focusing on purchased goods (Category 1) and downstream transportation (Category 9). Engage value chain partners for data collection.

EVIDENCE & REFERENCES

See source documents.

ESG Materiality vs AR Risk Disclosures

Attention

FINDING

Medium RISK

BRSR reports 18,589 permanent employees and 1,031 permanent workers (total 19,620 permanent). Year-on-year change includes merger impact of three transferor companies (Shree Jee Laboratory, JPR Labs, Jaspack Industries) effective April 1, 2024. Turnover rate increased significantly from 18% to 28% for permanent employees.

RECOMMENDED ACTION

Provide pro-forma comparative workforce data excluding merger impact. Investigate root causes of elevated turnover rate and develop retention strategies.

EVIDENCE & REFERENCES

See source documents.

Governance KPI Cross-Check

Compliant

FINDING

Low RISK

BRSR reports 0 POSH complaints for FY 2024-25, consistent with statutory disclosure requirements. Shareholder complaints reduced from 260 to 3 year-on-year. Customer complaints of 21 received with 4 pending at year-end relate to packaging defects and storage issues.

RECOMMENDED ACTION

Maintain current grievance tracking mechanisms. Implement root cause analysis for pending customer complaints to improve closure rates.

EVIDENCE & REFERENCES

See source documents.

Water & Waste Data Integrity

Attention

FINDING

Medium RISK

Total energy 606,493 GJ = Renewable 379,070 GJ (62.5%) + Non-renewable 227,423 GJ (37.5%). Arithmetic reconciles correctly. However, renewable electricity includes 89% HP grid and 100% Sikkim grid attributions based on state electricity board declarations, not direct renewable procurement.

RECOMMENDED ACTION

Develop roadmap for direct renewable energy procurement through PPAs or captive solar expansion. Disclose methodology for grid-based renewable attributions more prominently.

EVIDENCE & REFERENCES

See source documents.

Supply-Chain Disclosure Depth

Compliant

FINDING

Low RISK

Risk Management Committee and CSR Committee oversee sustainability matters with Board reporting. Mr. Satish Kumar Sharma (Whole-time Director) provides responsible director statement. Chief Risk Officer (Mr. Suresh Raju Penmetsa) designated as highest authority for BRSR implementation.

RECOMMENDED ACTION

Consider establishing dedicated ESG/Sustainability Committee for enhanced focus. Publish Committee meeting frequency and key decisions in future reports.

EVIDENCE & REFERENCES

See source documents.

Workforce Data Cross-Verification

Critical

FINDING

High RISK

Company targets carbon neutrality by 2030 (base year FY21). However, emissions intensity increased 16% from 3.24 to 3.76 tCO₂e/Cr INR. Absolute Scope 2 emissions rose 47% from 19,871 to 29,205 tCO₂e despite 62.5% renewable energy share. Biogenic emissions of 22,921 tCO₂e from agro-briquettes excluded from totals.

RECOMMENDED ACTION

Develop science-based decarbonization roadmap with interim milestones. Accelerate renewable energy transition, particularly for Andhra Pradesh API-2 site. Consider carbon credit strategy for residual emissions.

EVIDENCE & REFERENCES

See source documents.

Corrective Action Tracker

Compliant

FINDING

Low RISK

Emission factors clearly disclosed: Scope 1 uses IPCC 2006 and GHG Protocol 2024 v2.0; Scope 2 uses CEA Version-20 for Indian grid; GWP values from AR6 report. TUV India Pvt. Ltd. provided reasonable assurance on BRSR Core attributes under ISAE 3000 (Revised).

RECOMMENDED ACTION

Continue engaging TUV India for annual assurance. Consider expanding assurance scope to include voluntary Scope 3 categories as they are developed.

EVIDENCE & REFERENCES

See source documents.

Executive Briefing

CFO / Compliance Officer Summary

IMMEDIATE ACTION REQUIRED

EMISSIONS TRAJECTORY MISALIGNMENT: Scope 1+2 emissions intensity increased 16% to 3.76 tCO₂e/Cr while company targets carbon neutrality by 2030. Scope 2 emissions rose 47% (29,205 tCO₂e) driven by grid electricity. CFO action required: Commission science-based target study and revise capital allocation for renewable energy projects, particularly at Andhra Pradesh API-2 facility currently using conventional fuels.

STRATEGIC PRIORITY

SCOPE 3 EMISSIONS GAP: With 54% of turnover from trading activities, Scope 3 emissions from purchased and traded goods likely exceed direct emissions materially. SEBI's evolving BRSR requirements and investor expectations necessitate Scope 3 quantification. Recommend engaging supply chain partners and implementing Scope 3 calculation methodology by Q2 FY26 to preempt regulatory and stakeholder scrutiny.

POSITIVE FINDING

WORKFORCE INTEGRATION MONITORING: Post-merger workforce includes three acquired entities effective April 2024. Employee turnover spiked from 18% to 28%, potentially signaling integration challenges. Board should review retention metrics quarterly and ensure HR integration programs address cultural alignment. Pro-forma workforce disclosures recommended for comparability in next BRSR filing.

Tryster Limited

Disclosure Readiness Score

Finding Distribution

Scope 1 + 2 Emissions Intensity — tCO₂e / ₹ Cr Turnover

Energy Consumption Mix — FY 2024-25 (GJ)

Workforce Headcount — Permanent vs. Contractual

Grievance & Complaints Cross-Verification