Vendor registrations and approvals across multiple states, supporting tender participation with government
entities.
In-House Manufacturing facilities supported by quality certifications.
Geographically dispersed customer base.
Experienced Promoter having domain knowledge.
We derive a major portion of our revenue from Government customers, particularly state-owned electricity distribution
utilities ("DISCOMs"), and any reduction in Government expenditure, adverse changes in procurement policies or failure
to secure tenders may adversely affect our business, financial condition, results of operations and cash flows.
We derive a significant portion of our revenue from the sale of our key product, namely Low Tension ("LT") cables. Any
decline in demand for LT cables could have an adverse effect on our business, results of operations and financial condition.
We have recently commenced manufacturing of Low Tension (LT) cables in Fiscal 2023-24 and High Tension (HT) cables
in Fiscal 2025-26 and given our limited operating history in these product categories, we may face operational, technical
and commercial challenges that could adversely affect our business, financial condition, results of operations and future
growth prospects.
Majority of our revenue is derived from a limited number of customers, and any reduction in orders from such customers
may adversely affect our business, financial condition, results of operations and cash flows.
Our Company had negative cash flows in the past, details of which are given below. Sustained negative cash flow could
impact our growth and business.
We derive a significant portion of our revenue from trading activities, which is a relatively low-margin and competitive
business and may expose us to risks that could adversely affect our financial performance.
We are dependent on the performance of the cables market and any adverse changes in the conditions affecting the cables
market can adversely impact our business, financial condition, results of operations, cash flows and prospects.
We have significant power and fuel requirements and any disruption to power sources could increase our production costs
and adversely affect our results of operations and cash flows.
We are significantly dependent on a limited number of suppliers for procurement of our raw materials, with which we do
not have any long-term agreements and any disruption in supply or volatility in raw material prices may adversely affect our
business, financial condition, results of operations and cash flows.
There have been certain discrepancies, errors and delays in filings relating to forms submitted with the Registrar of
Companies ("RoC") under the provisions of the Companies Act, 2013/1956 and the rules made thereunder. In addition,
certain historical corporate secretarial records are presently untraceable. Any penalty or action taken by any regulatory
authorities in future, for non-compliance with provisions of corporate and other law could impact the reputation and
financial position of the Company to that extent.
