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, 53, 49 and 34 dealers for the period ended June 30, 2026, Fiscal 2026, Fiscal 2025 and Fiscal 2024 respectively.
Experienced Promoter and Management Team with an Employee Base of 242 employees as on June 30, 2026.
Operations at our Manufacturing Facility are concentrated at a single location in Hisar, Haryana, and our business is dependent on this facility; any disruption, breakdown, shutdown or adverse local or regional developments could materially and adversely affect our business, financial condition, results of operations and cash flows.
Our Company requires significant amount of working capital for a continuing growth. Our inability to meet our working capital requirements may adversely affect our results of operations.
Our top 10 suppliers contribute 72.31%, 76.23%, 70.92% and 75.73%, of our purchase during the period ended June 30, 2026 and for Fiscal 2026, Fiscal 2025 and Fiscal 2024. Any delay in or shortage from one or more of them may adversely affect our operations.
Our 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 our production expenses and overall financial results.
Our 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 our ability to grow or maintain our sales, earnings, and cash flow.
We derive a significant portion of our revenue from operations from our key customers and our top 10 customers contributed to 24.09%, 20.32%, 15.96% and 15.90%, of our revenue from operations during period ended June 30, 2026 and in Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively. Any decrease in revenue from operations from any of our key customers or any loss of these customers may adversely affect our business, financial condition, cash flows and results of operations.
In the past our Company had negative cash flows from our operating activities, investing activities as well as financing activities, further, we may experience negative cash flows in the future.
We have had instance of delays in payments of statutory dues by our 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 our business, financial condition, results of operations and cash flows.
We derived 24.19 % of our revenue for the period June 30, 2026 and 28.55%, 30.60% and 29.44% of our revenue from operation from Haryana for the Fiscal 2026, Fiscal 2025 and Fiscal 2024 respectively. Any adverse developments, social and political developments and natural disaster affecting our operations in these regions could have an adverse impact on our revenue and results of operations.
Our Promoters have not created any pledge or encumbrance over their equity shareholding in our Company, however, any future pledge or encumbrance may adversely affect control, investor confidence and the market price of our Equity Shares.
