Longstanding relationship with diverse set of customers across industries.
Asset-light' business model resulting into higher efficiencies.
Risk management and credit scoring model.
Comprehensive Service Portfolio.
Strategic Geographical Presence.
If we are unable to source business opportunities effectively, we may not achieve our financial objectives.
Our top ten customers contribute about representing 48.55%, 42.21%%, 44.43% and 36.53% of our revenues for period ended September 30, 2025, Fiscal 2025, 2024 and 2023. Any loss of business from one or more of them may adversely affect our revenues and profitability.
We depend significantly on our clients from different industries and are highly dependent on the performance of their industry. A loss of, or a significant decrease in their business could adversely affect our business and profitability.
We typically do not have long term agreements with our customers. If our customers choose not to source their requirements from us, there may be a material adverse effect on our business, financial condition, cash flows and results of operations.
We are exposed to the risk of delays or bad debts by our clients and other counterparties, which may also result in cash flow mismatches.
We generate a substantial portion of revenue from Maharashtra and Gujarat. Any adverse developments affecting our operations in the Maharashtra and Gujarat could have an adverse impact on our revenue and results of operations.
Our Company is currently operating through an asset-light business model and accordingly our freight forwarding business depends upon a network of partners to fulfill logistics needs. Disruptions in this network may adversely affect customer satisfaction and business.
Majority of our freight forwarding business is dependent on ocean freight services, any adverse impact on the ocean transportation services may have an adverse effect on our results of operations and financial condition.
Our net cash flows from operating activities have been negative in some years in the past. Any negative cash flow in the future may affect our liquidity and financial condition.
There is delayed filing noticed in some of our corporate records relating to forms filed with the Registrar of Companies.