Krishna Buildspace Ltd IPO

Established track record with strong in-house capabilities.

Diversified Order Book and strengthened pre-qualification credentials.

Strong financial performance and healthy balance sheet.

Experienced and qualified Promoters and Senior Management team having domain knowledge.

Majority of the company's projects have been awarded through competitive bidding process. Failures to complete its projects within contractual time may affect the company's future business prospects and financial performance. Failures to qualify for, complete or win new contracts could negatively impact its business, potentially affecting the company's financial condition, operational results, growth prospects, and cash flow stability.

The company's business is primarily dependent on tenders from public sector undertakings ("PSUs"), which account for approximately 78.74%, 73.17%, 66.22% and 49.86% of its Revenue from Operations for the six months period ended September 30, 2025 and for the Fiscals 2025, 2024 and 2023, respectively. However, delays or a lack of tenders from PSUs, along with adverse changes in government policies, could materially impact its business through contract foreclosures, terminations, restructurings, or renegotiations, affecting the company's operations and financial performance.

For the six months period ended September 30, 2025 and as at end of Fiscals 2025, 2024, and 2023, the company's trade receivables amounted to Rs.543.84 million, Rs.660.33 million, Rs.461.46 million, and Rs.286.72 million, respectively, out of which Rs.151.90 million, Rs.58.88 million, Rs.148.62 million, and Rs.17.33 million, aggregating to 27.93%, 8.92%, 32.21% and 6.04%, respectively, of its total trade receivables was outstanding for a period exceeding six months from their respective due dates of payments. the company may not be able to collect receivables due from its customers, in a timely manner, or at all, which may adversely affect our business, financial condition, results of operations and cash flows.

The company's business typically requires significant amounts of working capital and historically, the company's business growth has been dependent on high working capital requirements. If the company experience insufficient cash flows or are unable to access suitable financing to meet working capital requirements and loan repayment obligations, the company's business, financial condition and results of operations could be adversely affected.