1. The company future success depends on its ability to promote its brand and protect the company reputation. The company failure to establish and promote its brand and any damage to the company reputation will hinder its growth.
2. The company operate in highly competitive markets, and the scale and resources of some of its competitors may allow them to compete more effectively than the company can, which could result in a loss of its market share and a decrease in the company net revenues and profitability.
3. The company do not manufacture some of its products such as Tea and Other Grocery Products like:Papad, Soya Products, Asafoetida (Hing), Black Salt, Rock Salt etc in its own capacity but procure the same from third party suppliers.
4. The success of processing of spices is dependent on the timely supply of raw materials to its processing unit, which are subject to various uncertainties and risks. The company is depends on third party suppliers and transport agencies, and its material prices are subject to fluctuations.
5. The improper handling, processing or storage of its raw materials or products, or spoilage of and damage to such raw materials and products, or any real or perceived contamination in its products, could subject it to regulatory action, damage
its reputation and have an adverse effect on the company business, results of operations and financial condition.
6. The company business also depends on the performance of its wholesalers. Any non- performance by them may adversely affect itsbusiness operations, profitability and cash flows.
7. If the company fail to successfully expand its product portfolio or fail to develop and commercialize new products that are well received by consumers in a timely manner, the company operating results may be materially and adversely affected.
8. The company is significantly dependent on the sale of chilli and chilli powder. An inability to anticipate or adapt to changing consumer tastes and preferences for these products or inability to ensure product quality or reduction in the demand of these products may adversely impact its revenue from operations and growth prospects.
9. The markets in which its compete are characterized by consumers and their rapidly changing tastes and preferences and therefore as a result the Company may be affected by any disruptions in the industry.
10. The company is heavily reliant on its relationships with certain wholesalers. Disruptions to such relationships, changes in their business practices, their failure to meet payment schedules could adversely affect its business, cash flows and results of operations.