Niche Market Focus with Quality and Timely Delivery.
Quality Assurance Standards and RDSO Approved Entity.
Core Engineering and Integrated Engineering, Assembling and Testing Capabilities.
Established Customer Base and Geographical Footprint.
Experienced and Qualified Promoters.
Our business and revenue are substantially dependent on the Indian Railways. Any adverse change in policy of the Indian Railways may lead to our contracts being foreclosed, terminated, restructured or renegotiated, which may have a material effect on our business and results of operations.
We derive a significant portion of our revenue from the sale of our two-key product verticals i.e. Vacuum Circuit Breakers and Vacuum Interrupters. Any decline in the sales of our key product/s could have an adverse impact on our business, results of operations and financial condition.
A significant portion of our revenue from operations is derived from a limited number of customers and our inability to maintain existing customer relationships or secure repeat business may adversely affect our business and results of operations.
We are contractually and commercially subject to stringent quality, performance and delivery obligations and any failure to comply with such obligations may expose us to claims, penalties, cancellation of orders and reputational harm.
We depend on the timely availability of raw materials and components from suppliers, and any disruption in supply, increase in prices or inability to procure such materials may adversely affect our business.
We operate our manufacturing facility and registered office from rented and leased premises and any termination, non-renewal or disruption in our lease arrangements may adversely affect our business operations.
Significant fluctuations in trade receivables, extended collection periods, and business seasonality may adversely affect our working capital, liquidity, and operational cash flows.
We experience the effects of seasonality, which may result in our operating results fluctuating significantly and also, reduce our sales.
Our business depends on our product engineering, assembling and testing and technical development capabilities and any deficiencies in such capabilities may adversely affect our operations and reputation.
The restated financial statements have been provided by a peer-reviewed chartered accountant who is not a statutory auditor of our Company.
