LGT Business Connextions Ltd

Management expertise.

Leveraging the experience of our Promoters.

Leveraging the experience of our Promoters.

Cordial relations with our Employees and Professionals.

The company is significantly dependent on the sale of some of the services namely MICE Packages and Hotel Bookings. Its aggregate revenue from these services accounted for 99.90% and 99.93% for the period ended September 30, 2024 and for the financial year ended March 31, 2024 respectively. An inability to provide these services may adversely affect the company brand loyalty and consequently its business, results of operations, financial condition and cash flows.

The sale of the services is majorly concentrated in the southern states of India. Any adverse developments affecting its operations in such region, could have an adverse impact on the company business, financial condition, results of operations and cash flows.

The company derives a significant portion of its revenue from operations from the top 10 customers. Loss of one or more of these customers or a reduction in the amount of business the company obtain from them could have an adverse effect on its business, results of operations, financial condition and cash flows. Further, the company has entered service agreement for providing accommodation service only. Other than accommodation service the company has not entered into any agreements with any of the customers.

The company operations relies on third-party service providers, vendors, and on other travel suppliers. Any negligence in service provided by them, increase in input costs or failures to maintain strong relationships with them could disrupt the company operations which ultimately could adversely affect the quality of the service, pricing, results of operations and financial condition. Further, the company does not has long-term agreements with its travel suppliers.