Om Freight Forwarders Ltd IPO

We derive a significant portion of our revenue from operations from our top ten customers, with our single largest customer contributing more than 11.60%, of our revenue from operations for the year ended March 31, 2025. Loss of any of these customers or a reduction in purchases by any of them could adversely affect our business, results of operations and financial condition.

We are dependent on the performance of industries in which our customers operate and fluctuations in the performance of such industries may result in a loss of such customers, a decrease in the volume of work we undertake or the price at which we offer our services.

We derive a significant portion of our revenue from customers located in Maharashtra, which contributed more than 85% of our revenue from operations for the year ended March 31, 2025. Any adverse developments in this region, such as economic downturns, political instability, or natural disasters, could materially impact our revenue and overall financial performance.

Our Company has not entered into long term agreement with shipping companies but has built a long term relationship over time. Any disputes between the companies may have vital effect on the business of our Company.

Our revenue from operations has been declining in recent fiscals, and there can be no assurance that we will be able to arrest or reverse this trend. Along with the decline in revenue from operations, our profitability and return ratios have also witnessed a downward trend in recent fiscals. Any inability to improve our revenue, profitability, or return ratios may adversely impact our business, financial condition, results of operations, and future prospects.

We significantly depend on third-party service providers, particularly for transportation and logistics, with about 52% of our transportation needs over the past three fiscal years in certain aspects of our operations and unsatisfactory services provided by them or failure to maintain relationships with them could disrupt our operations.

We face significant competition from domestic and international shipping and logistic players which may lead to a reduction in our market share, which in turn may adversely affect our business, results of operations, financial condition and cash flows.

Our failure to perform in accordance with the standards outlined in our client contracts could result in significant loss of business and the payment of liquidated damages.

We are exposed to significant legal, financial, and operational risks in the event of workplace accidents, especially those occurring at ports or during the transportation of goods.

The Restated Financial Statements have been provided by Independent Chartered Accountants who is not Statutory Auditor of our Company.