Founder led Company supported by experienced and professional leadership team i.e Abhishek Jindal, Promoter
and Managing Director.
Selling and Distribution network of having dealers 53, 49, 34 and 30 dealers for the period ended December 31,
2025, Fiscal 2025, Fiscal 2024 and Fiscal 2023 respectively.
Experienced Promoter and Management Team with an Employee Base of 244 employees as on December 31,
2025.
Operations at its Manufacturing Facility are concentrated at a single location in Hisar, Haryana, and the company's
business is dependent on this facility; any disruption, breakdown, shutdown or adverse local or regional
developments could materially and adversely affect its business, financial condition, results of operations and
cash flows.
The company derives a significant portion of its revenue from operations from the company's key customers and the company's top 10 customers
contributed to 19.35%, 15.96%, 15.90% and 15.63%, of its revenue from operations during period ended
December 31, 2025 and in Fiscal 2025, Fiscal 2024 and Fiscal 2023, respectively. Any decrease in revenue from
operations from any of the company's key customers or any loss of these customers may adversely affect its business,
financial condition, cash flows and results of operations.
The company's top 10 suppliers contribute 78.18%, 70.92%, 75.73% and 72.87%, of its purchase during the period ended
December 31, 2025 and for Fiscal 2025, Fiscal 2024 and Fiscal 2023. Any delay in or shortage from one or
more of them may adversely affect the company's operations.
The company's production costs are vulnerable to fluctuations in the prices of raw materials, especially Mild Steel Coils,
MS Hot-Rolled Coil, and Galvanizing Materials. Price volatility in these key raw materials can significantly
affect its production expenses and overall financial results.
The company's revenue from operations depends on sale of Black Pipes and Galvanized Pipes. Any changes in the demand
or a decline in the demand of the said product, or delays in the placement of orders, may affect its ability to
grow or maintain the company's sales, earnings, and cash flow.
In the past the Company had negative cash flows from its investing activities as well as financing activities,
further, the company may experience negative cash flows in the future.
The company has had instance of delays in payments of statutory dues by the Company. Any delays in payment of
statutory dues may attract financial penalties from the respective government authorities and in turn may have
an adverse impact on its business, financial condition, results of operations and cash flows.
The company derived 27.65 % of the company's revenue for the period December 31, 2025 and 30.60%, 29.44% and 26.61% of its
revenue from operation from Haryana for the Fiscal 2025, Fiscal 2024 and Fiscal 2023 respectively. Any
adverse developments, social and political developments and natural disaster affecting the company's operations in these
regions could have an adverse impact on its revenue and results of operations.
The company's Promoters have not created any pledge or encumbrance over their equity shareholding in the Company,
however, any future pledge or encumbrance may adversely affect control, investor confidence and the market
price of its Equity Shares.
the company has entered into related party transactions in the past and may continue to do so in the future, which may
potentially involve conflicts of interest with other shareholders.
