Manika Plastech Limited

• About 58%-69% of our operating revenue came from our top five customers, and the loss of any of these customers could have a material adverse effect on our business, financial condition, results of operations and cash flows.(Customer Concentration)

• We typically set up our Operating Facilities or warehouses in proximity of our key customers' manufacturing units, which exposes our facilities to potential fluctuations in the scale of business of our customers and related industry trends.(Geographic/Operational Concentration)

• About 54% - 68% of our revenue from operations was derived from the sale of battery casings during the three month period ended June 30, 2026 and the preceding three Fiscals, and any significant loss of sales in our battery casings could have an adverse effect on our business, financial condition, results of operations and cash flows.(Product Concentration)

• We derived about 93%-98% of our revenue from operations from repeat customers in the three month period ended June 30, 2026 and the preceding three Fiscals, and any loss of, or a significant reduction in the repeat customers or revenue generated from them could adversely affect our business, results of operations, financial condition and cash flows.(Customer Concentration)

• Our top ten customers include Livguard Energy Technologies Private Limited, Luminous Power Technologies Private Limited, Genus Innovation Limited, Grasim Industries Limited, JSW Paints Limited, Kansai Nerolac Paints Limited, Indigo Paints Limited, Unique Energos Private Limted, TVS Motor Company Limited and HSD Batteries (India) Pvt. Ltd., among others.(Customer Concentration)

• Our key customers typically require delivery of orders based on a pre-determined delivery schedule, for inventory management and production planning, and we primarily allocate majority of our operating capacities towards execution of orders received from our key customers located in close proximity of our Operating Facilities.(Operational Dependency)

• A reduction or fluctuation in the demand of our battery casing products, may have an adverse impact on our business, results of operations and financial condition.(Product Concentration)

• The balance manufacturing capacities are allocated towards executing orders received from our other customers, and any disturbance either in the manufacturing operations of our customers or in the industry in which they operate or any downturn in the operations of our customers, due to any internal or external factors, could in turn have a direct impact on the demand of our products and our business operations.(Operational Dependency)

Each bar is a fixed formula applied to the figures shown above, scored 0–100. This is a reading of what the company disclosed — not a recommendation to apply or avoid, not a price target, and not a prediction of listing performance. Dimensions that could not be extracted are excluded rather than assumed, so coverage varies between documents.

• Manika Plastech Limited - Prospectus17 Sept 2026
• Manika Plastech Ltd. - RHP11 Sept 2026