The company is significantly dependent on the sale of its products namely, chana, and related products. The company aggregate revenue from sale of chana and related products accounted for 99%, 72% and 96% of its revenue from operations in FY 2024, FY 2023 and FY 2022, respectively. An inability to anticipate and adapt to evolving consumer preferences and demand for particular products, or ensure product quality may adversely impact demand for its products, brand loyalty and consequently the company business, results of operations, financial condition and cash flows.

The sale of its products is concentrated in the company core market of Tamil Nadu and Karnataka. Any adverse developments affecting its operations in such region, could have an adverse impact on its business, financial condition, results of operations and cash flows.

Its revenues have been significantly dependent on few customers and its inability to maintain such business may have an adverse effect on the company's results of operations.

In Fiscal 2024, 2023 and 2022, its cost of materials consumed (including purchase of stock in trade and changes in inventory of finished goods, Work in progress and stock in trade) accounted for approximately 90.27%, 89.42% & 87.54%, of its revenue from operations, respectively. Inadequate or interrupted supply and price fluctuation of its raw materials could adversely affect the company's business, results of operations, cash flow and financial condition.

The company requires a number of approvals, NOCs, licenses, registrations and permits in the ordinary course of its business. Some of the approvals are required to be obtained by the Company and any failures or delay in obtaining the same in a timely manner may adversely affect its operations.

There are outstanding legal proceedings involving the Company, Promoters and Directors. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

The company has certain contingent liabilities that have been disclosed in the Restated Financial Information, which if they materialize, may adversely affect its business, results of operations, financial condition and cash flows.

The Company has negative cash flows from its operating activities, investing activities as well as financing activities in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

The Company has not done registration for transfer of property owned by Jeyyam Food Park LLP (FP LLP') in the name of the Company after amalgamation of JFP LLP with the Company.

Its business is dependent on the company's distribution network. An inability to expands or effectively manage its distributor network, or any disruptions in its distribution network may have an adverse effect on the company's business, results of operations, financial condition and cash flows.