Dealing in diversified product range such as Extruded Fin Tubes, Low- Fin Tube, Embedded Fin Tubes (`G' Fin Tube), `L' Type Fin Tubes, Welded Fin Tubes, Crimped Fin Tubes and Studded Fin Tubes having application across multiple industries.
International accreditations and product approvals over private and government entities.
Strategic location of manufacturing facility and fully integrated production.
Established long term relationship with clients leading to recurring business.
Extensive and effective quality assurance and control with a track record of high quality product delivery.
Experienced and qualified Promoter and management team.
Consistent financial performance.
The company's business is dependent on the sale of the company's products to certain key customers. The loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on the company's business, financial condition, results of operations and cash flows.
The company's generate a significant portion of the company's revenue from certain geographical regions, and any adverse developments in these regions may materially and adversely affect its revenue and results of operations
The company depends on certain key suppliers for certain raw materials and have not entered into definitive supply agreements with most of its suppliers. A failures by the company's suppliers to meet their obligations may affect the availability and cost of raw materials, which may adversely affect the company's business, results of operations, profitability and margins, cash flows and financial condition. Further volatility in the raw material prices and the company's inability to pass on the increase in cost of raw materials to the customers may impact its results of operations, profitability and margins
The company has experienced negative cash flows in the past. Any such negative cash flows in the future could affect its business, results of operations and prospects.
The company's contingent liabilities as stated in the company's Restated Financial Statements could affect its financial condition.
The Company and the company's Promoter are party to certain legal proceeding. Any adverse decision in such proceedings may have a material adverse effect on the company's business, results of operations and financial condition.
There are certain discrepancies/errors/delay filings noticed in some of the company's corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013. Any penalty or action taken by any regulatory authorities in future, for non-compliance with provisions of corporate or any other law could impact the financial position of the Company to that extent
The company does not own the company's Manufacturing Unit 2, situated at Changodar, Gujarat.
The commpany has entered into related party transactions and may continue to do so in the future. There can be no assurance that such transactions, individually or in aggregate, will not have an adverse effect on the Company's financial condition and results of operations.
There have been certain instances of late filing of returns or non-payment/delay in payment of statutory dues by the company in the past. Any non-payment or delay in payment of statutory dues by the company in future, may result in the imposition of penalties and in turn may have an adverse effect on the company's business, financial condition, results of operation and cash flows.
