Integrated manufacturing capabilities.
Design capabilities with emphasis on customer specifications & quality standards.
Diverse customer base with sustained, long-standing relationships.
Offering precision engineering solutions with a comprehensive product portfolio.
Experienced promoters and management team.
Track record of consistent revenue growth and profitability.
The company relies on a limited number of key customers and Original Equipment Manufacturer (OEMs), and loss or reduction in orders from any of these customers could materially affect its revenue and business operations.
The company's business and profitability is substantially dependent on the availability and cost of its raw materials, including Aluminium, and any disruption to the timely and adequate supply of raw materials, or volatility in the prices of raw materials may adversely impact its business, results of operations and financial condition.
The company depends on third parties for the supply of raw materials and does not have firm commitments for supply or exclusive arrangements with any of its suppliers. Loss of suppliers may have an adverse effect on the company's business, results of operations and financial condition.
A significant portion of its revenue from operations in each of the last three Fiscals and stub period is attributable to the automotive sector. Any adverse changes in the automotive sector could adversely impact the company's business, results of operations and financial condition.
The company's operations are subject to environmental, health and safety laws, which could result in material liabilities in the future.
The company's proposed expansion plans relating to the manufacturing facilities in Pune, Maharashtra are subject to the risk of unanticipated delays in implementation and cost overruns.
The company has substantial capital expenditure and working capital requirements and may requires additional financing to meet those requirements, which could have an adverse effect on the company's results of operations and financial condition.
Pricing pressure from its customers or the company's inability to fully pass on costs to its customer, may impact our revenue from operations and profitability and may result in a materially adverse effect on the company's business, results of operations and financial condition.
The restated financial statements have been provided by peer reviewed chartered accountants who is not statutory auditor of the Company.
The company's incremental business pipeline may not be indicative of its growth rate or new business orders the company will receive in the future. Further, the company may not realize all of the revenue expected from its incremental business pipeline which may adversely affect the company's business operations & result of operation.
