Shyam Dhani Industries Ltd IPO

The company dependent upon a limited number of suppliers 42.11%, 40.86%, 58.66% and 68.70% of its Total Purchases are derived from the company top 10 suppliers for the period ended on September 30, 2025 and for the Fiscal Years ended on March 31, 2025, 2024 and 2023. Further the company 5.96%, 13.20%, 27.88% and 22.28% of its total purchases for the period ended on September 30, 2025 and for the Fiscal Years ended on March 31, 2025, 2024 and 2023 are procured from its group company and members of the company Promoter Group. the company does not has long-term contracts with any of the company suppliers. Any disruption in the supply of raw materials or any failure of its suppliers to deliver these products in the necessary quantities or to adhere to delivery schedules, credit terms or specified quality standards and technical specifications may adversely affect the company business and its ability to deliver orders on time at the desired level of quality.

Its may faces shortage of Raw Materials because of the seasonal nature of the company purchase.

The company products are semi-perishable in nature and the shelf life of its products ranges from 4-18 months. Inaccurate demand forecasting for the company semi-perishable product can result in excess inventory and waste which, in turn, could has an adverse effect on the company business, financial condition, results of operations and cash flows.

The Company requires significant amounts of working capital for continued growth. Its inability to meet the company working capital requirements may has an adverse effect on the results of operations. Further, failure to manage the company inventory could has an adverse effect on the company sales, profitability, cash flow and liquidity.

The Company, its Group Company, the company Promoters and its Directors other than promoters are involved in certain legal proceedings. Any adverse decision in such proceedings may render it / them liable to liabilities / penalties and may adversely affect the company business and results of operations.

The company dependent on and derive the company 57.86 %, 56.39%, 57.92% and 45.05% of revenue from its top 10 key customers for the period ended on September 30, 2025 and during the fiscal year ended on March 31, 2025, 2024 and 2023. Decreasing the revenues its derive from them could materially and adversely affect the company business, results of operations, cash flow and financial condition.

A significant portion of its revenue is generated by General Trade and Modern Trade. 95.71%, 97.89%, 98.80% and 93.42% of the company revenue for the period ended on September 30, 2025 and for the fiscal years ended on March 31, 2025, 2024 and 2023 is generated from these channels. Any disruption or loss of key trade partners could adversely impact on its financial performance.

A significant portion of the company revenue is derived from the sale of Ground Spices, which accounted for 47.11%, 49.68%, 51.63% and 69.07% of its revenue from operations for the period ended on September 30, 2025 and for the fiscal years ended March 31, 2025, 2024, and 2023, respectively. If its unable to anticipate or respond to changing consumer preferences, maintain consistent product quality, or if there is a decline in demand for these products, it could adversely impact the company revenue and growth prospects.

The strength of its brand is crucial to the company success, and its may not succeed in continuing to maintain and develop the company brand. Negative publicity, whether true or not, regarding its products' quality, variety, or pricing could harm the company reputation and consumer trust. Even false claims or misbranding allegations could severely impact its brand value, potentially leading to a material adverse effect on the company business, operations, and financial condition.

Its may not be able to protect the company intellectual property rights from infringement and it could has a material impact on the company goodwill, business operations, financial condition and results of operations.