NSE · Source: SEBI
From the prospectus, ordered by severity. Wording is close to the filing — not softened.
Manufacturing Facility Dependency
The majority of manufacturing facilities are located in Maharashtra, India, which accounted for 90.84% of total revenue from operations in Fiscal 2026.
Operational · high
Key Customer Dependency
The company relies heavily on key customers, with the top 10 customers contributing 48.63% of total revenue in Fiscal 2026.
Revenue · medium
Export Market Risks
A substantial portion of revenue comes from exports, exposing the company to international market risks.
Market · medium
Expansion Activities Risks
The company is undergoing expansion activities which may not materialize as expected.
Operational · medium
Statutory Dues Payment Delays
The company has faced delays in payment of statutory dues, which could lead to penalties.
Compliance · medium
What the business leans on, as the filing describes it.