Focus on operational efficiency through integrated and digitised processes.
Capability to deliver complex product design with accuracy.
Customer-centric custom packaging solutions.
Presence across Indian and global market catering to various industries.
Experienced and skilled management and Board of Directors.
The company is significantly dependent on its key suppliers for sourcing raw materials and the company does not has any
contractual arrangements with them. Accordingly, the company inability to maintain relationship with key suppliers
may adversely impact its business, operations and financial results.
A significant portion of the company revenue from operations is derived from its existing customers. Additionally,
the company derives a substantial portion of its revenue from operations from few customers, and the company does not has
any contractual arrangements with them. Its failures to retain these customers may adversely impact the company
business, operations, and financial performance.
The company manufacturing facilities is concentrated in a single region domestically i.e., Gujarat, which are
critical to the company business operations. Any shutdown of its manufacturing facilities dues to adverse
conditions in the state of Gujarat or other reasons may adversely affect the company business, financial condition,
results of operations, cash flows and future business prospects.
A significant percentage of the company revenue (amounting to 23.66% of its revenue from operations during
Fiscal 2026) is derived from the company customers in the United States. Any adverse situation in the United States,
including any breakdown in India-US bilateral relations may adversely affect its business, results of
operations, and financial condition.
The estimated cost of the company Project has been reduced from Rs. 5,148.94 million to Rs. 3,649.56 million and the
schedule for implementation of the Project has been extended from December 2026 to October 2027. Any
further changes in the cost, delays cost overruns may adversely affect the expected benefits from the Project
and its financial condition.
The company requires a number of approvals, NOCs, licences, registrations and permits in the ordinary course for
its existing business and any failures to obtain the same will adversely affect the company operations, business and
profitability.
The company Statutory Auditors has made certain Emphasis of Matters in its Restated Consolidated Financial
Information. Any failures to timely address these concerns may adversely affect the company business, financial
condition, and reputation.
The company Registered and Corporate Office and manufacturing facilities are located on leased premises obtained
from its Promoters. If the company is unable to renew these leases or relocate on commercially suitable terms, it
may has a material adverse effect on its business, results of operation and financial condition.
The Company extends credit facilities to customers, which may expose its to counterparty risks, adversely
impact the company cash flows and increase its working capital requirements.
The company lenders has charge over its movable and immovable properties in respect of the finance availed by
the company, and its inability to meet the company obligations under these debt financing arrangements could adversely
affect its business, results of operations, and cash flows.
