Elec Steel Processing Industries Ltd

Proven business model ensuring efficient operations.

Long-standing customer base leading to stability in our business operations.

Quality Assurance and Quality Control of our products.

Strategically located manufacturing facilities with modern infrastructure.

The company is highly dependent on our top ten customers, who contribute 76.49% and 74.23%, 66.41% and 55.49% of our revenue from operations for the period ended September 30, 2024 and for the financial year ended March 31, 2024, 2023 and 2022, respectively and the loss of any of these customers or a substantial reduction in their purchasing activity would have a significant negative impact on our business.

We do not have any long-term agreements with our customers. If our customers choose not to source their requirements from us or manufacture such products in-house, our business and results of operations may be adversely affected.

Our business and profitability are substantially dependent on the availability and cost of our raw materials and any disruption to the timely and adequate supply may adversely impact our business, results of operations, cash flows and financial condition.

We do not have any long-term agreements with our raw material suppliers. If we face difficulties in obtaining the necessary quality and quantity of raw materials in timely manner and at fair prices, or if we fail to secure them altogether, it could detrimentally affect our business, financial performance, and cash flow.