Diverse Product Portfolio.
Inclusive Offerings across all price segments.
Innovative Recipes and Flavours.
Inhouse Packaging and Distribution.
Our business is dependent on and will continue to depend on our Manufacturing Facilities, and we are subject to certain risks in our manufacturing process due to the usage of machinery in our manufacturing operations. Any slowdown or shutdown in our manufacturing facilities or strikes or work stoppages could have an adverse effect on our business, cash flows, financial condition and results of operations.
We are significantly dependent on the sale of our products namely Rusk, Breads and Buns. Our aggregate revenue from sale of our major selling products accounted for Rs. 1765.68 lakhs,
Rs. 10,836.58 lakhs, Rs. 6,829.29 lakhs & Rs.6,867.65 lakhs of our revenue from operations for period ended June 30, 2024 and for Fiscal 2024, 2023, 2022 respectively. An inability to anticipate and adapt to evolving consumer tastes, preferences and demand for particular products, or ensure product quality may adversely impact demand for our products, brand loyalty and consequently our business, results of operations, financial condition and cash flows.
The majority of our product sales is concentrated in the regions namely, Uttar Pradesh and Bihar. For the period ended for June 30, 2024 and for Fiscal 2024, 2023 and 2022 our revenue from sale of products in Uttar Pradesh and Bihar accounted for 97.79%, 97.47%, 96.32%, and 93.41% of our revenue from operations, respectively any adverse developments affecting our operations in these regions could have an adverse impact on our business, financial condition, results of operations and cash flows.
Our cost of materials consumed accounted for 56.14%, 60.84%, 61.62%, and 73.94% of our revenue from operations for the three months ended June 30, 2024 and for Fiscal 2024, 2023 and 2022 respectively. Inadequate or interrupted supply and price fluctuation of our raw materials and packaging materials could adversely affect our business, results of operations, cash flows and financial condition.
We operate in a competitive market with both organized and unorganized players, which may increase competition and have a material adverse effect on our business, financial condition and results of operations.
A significant portion of our revenue is derived from a limited number of customers and repeat orders. The loss of, or a substantial reduction in, these repeat orders could have a negative impact on our business, operational performance, financial condition, and cash flows.
If we fail to manage our growth effectively, we may be unable to execute our business plan our business, results of operations, cash flows and financial condition could be adversely affected.
We are measured against high quality standards and stringent performance requirements by our customers. Any failure to meet these standards or requirements could result in the cancellation of current and future orders, product recalls, or liquidated damages. Such events could significantly harm our reputation, business operations, financial condition, and cash flows.
We have not yet placed orders in relation to any of the capital expenditure to be incurred for the purchase of equipment / machinery and infrastructure enhancement. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the equipment / machinery or other materials in a timely manner, or at all, may result in time and cost overruns and our business, prospects and results of operations may be adversely affected.
Our Promoters and Directors have interests in entities which are in businesses similar to ours and this may result in potential conflict of interest with us.