Experienced Promoter and management team.
Strategically located Manufacturing Facility and Service Units.
Strategic Market Coverage across the domestic markets.
Focus on consistently meeting customer specifications and quality standards.
Robot Rental Model enables long-term customer engagement and generating stable, recurring revenue through
service agreements.
We derived 86.73%, 80.78%, 84.77% and 73.34% of our revenue from our top ten customers for the period ended
June 30, 2026 and for the Fiscals 2026, 2025 and 2024, respectively. The loss of any of these customers or reduction
in business from such will have a material adverse effect on our business, financial condition, results of operations
and cash flows.
Our business involves the manufacturing of Welding Rods, Gouging Electrodes and Metal Cored Wire which is
subject to raw material, process and quality controls, and any adverse occurrence could adversely affect our
business, financial condition and results of operations.
Our purchases are substantially concentrated among a limited number of manufacturers and suppliers, with our
top ten suppliers accounting for 90.82%, 92.43%, 94.26% and 87.15% of our total purchases for the period ended
June 30, 2026 and for the Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively. Any disruption in our relationships
with such manufacturers and suppliers could materially and adversely affect our business, financial condition,
results of operations and cash flows.
Our entire revenue from operations is derived from customers operating in the forging industry. Any adverse
developments in the forging industry or a reduction in demand from such customers may adversely affect our
business, financial condition, cash flows and results of operations.
Our manufacturing facility and Service units are geographically dispersed across specific regions in India, and any
disruption to the operations of these facilities or adverse developments affecting such regions could materially and
adversely affect our business, financial condition and results of operations.
A substantial portion of our revenue from operations is geographically concentrated in Karnataka, Maharashtra
and Tamil Nadu, which collectively contributed 85.08%, 82.33%, 86.20% and 80.33% of our revenue from
operations for the Period ended June 30, 2026 and for the Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively.
Any adverse developments affecting these geographies could materially and adversely affect our business, financial
condition, results of operations and cash flows.
Our operations are dependent on our manufacturing facility and service units, and any shutdown, slowdown or
disruption at these facilities could adversely affect our business, results of operations, financial condition and cash
flows.
In case of our inability to obtain, renew or maintain the statutory and regulatory licenses, permits and approvals
required to operate our business it may have a material adverse effect on our business.
There are certain discrepancies/errors/delay filings noticed in some of our 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 restated financial statements have been provided by peer reviewed chartered accountants who is not statutory
auditor of our Company.
