BharatRohan Airborne Innovations Limited IPO Details

1. We derive a substantial portion of our revenue from the sale of our key services and Products and any loss of sales of such service or products due to change in demand for agricultural products or other factors, could adversely affect our business, financial condition, results of operations and cash flows. In addition, we may not be able to diversify into new service or product lines which may adversely affect our business, revenue from operations, cash flows and financial condition.

2. Our company is positioning itself to expand its market presence by diversifying into the sale of Agri Ouputs. However, this expansion may expose us to several risks that could adversely affect our growth, prospects, cash flows, business operations, and financial condition.

3. Over 31.37%, 39.04% and 59.70% of our operating revenue came from our top five customers in the Fiscals 2025, 2024 and 2023. The loss of any of our top customers, or the loss of revenue from these top customers could have a material adverse effect on our business, financial condition, results of operations and cash flows.

4. Our business operations rely significantly on the continuous and timely supply of products from top 5 and top 10 suppliers, Also, we do not have continuing and exclusive supply agreement with them. Any interruptions or discontinuation of same will adversely impact our overall performance and profitability.

5. Our business is sensitive to weather patterns, seasonal factors and climate change, which can impact demand for our products and services and adversely affect our business, results of operations and financial condition.

6. Our Company have applied for modification in the FSSAI to include trading activity. We are not sure if the same shall be approved by the concerned authority or at all.

7. Our Company have negative cash flows in the current and past years from operating and investing activities, details of which are given below. Sustained negative cash flow could impact our growth and business.

8. We do not own premises from where we operate. In the event we lose such rights, our Business, Financial Condition and Results of Operations and Cash Flows could be adversely affected.

9. A significant proportion of our revenue is derived from Cumin for Agri Output product and any reduction in the demand for this product could have an adverse effect on our business, results of operations and financial condition.

10. We have entered into and may enter into related party transactions in the future, however, there can be no assurance that such transactions, individually or taken together, will not have an adverse effect on our business, prospects, results of operations and financial condition.