1. The company is substantially dependent on projects awarded by government entities and agencies and its relationship with GoI entities exposes it to risks inherent in doing business with them, which may adversely affect its business, results of operations and financial condition.
2. Its may not be able to provide business solutions that meet the company clients' requirements, which could lead to clients discontinuing their work with it, which in turn could harm its business.
3. The company relies on telecommunications and information technology systems, networks and third party infrastructure to operate its business and any interruption or breakdown in such systems, networks or infrastructure of the third parties its relies on or the company technical systems could impair its ability to effectively deliver its products and services.
4. Its business will suffer if the company fail to anticipate and develop new services and enhance existing services in order to keep pace with rapid changes in technology and in the industries on which its focus.
5. If its pricing structures do not accurately anticipate the cost, complexity and duration of its work, then the company contracts could be unprofitable.
6. Its client contracts can typically be terminated without cause, which could negatively impact its revenues and profitability.
7. Its may become liable to the company clients and lose clients if its have defects or disruptions in its service or if the company provide poor service.
8. There are pending litigations against the Company. Any adverse decision in such proceedings may render it/them liable to liabilities/penalties and may adversely affect its business, results of operations, cash flows and reputation.
9. Any delay in the collection of its dues and receivables from its clients may have a material and adverse effect on its results of operations and cash flows.
10. Its sales cycle is lengthy and depends upon many factors outside the company control, and could cause it to spend significant time and resources prior to earning associated revenues.