Liotech Industries Ltd.

• The company derives a significant part of its revenue from its top ten customers, who contributed 99.28%, 91.43%, 97.87% and 98.45% of revenues for the period ended December 31, 2025 and years ended March 31, 2025, 2024 and 2023 respectively. The company does not have long-term contracts with these customers.(Customer Concentration)

• The company is highly dependent on suppliers for uninterrupted supply of raw materials, specifically S.S. Rods, S.S. Sheets, S.S. Coil and S.S. Patta Patti, stainless steel and other hardware items. The company has not entered into any long-term supply agreement for the major raw materials.(Supplier Concentration)

• The company's manufacturing unit is based in Gujarat, specifically in the district of Rajkot. A significant portion of sales come from customers in Gujarat State, and the company is vulnerable to local, regional, and environmental factors including social and civil unrest, regional conflicts, civil disturbances, economic and weather conditions, natural disasters, demographic and population changes.(Geographic Concentration)

• Certain delays, discrepancies and omissions have been detected in the company's statutory records, as well as in records related to the submission of returns to the Registrar of Companies, including inadvertently filed incorrect information. While corrective measures have been taken, there is no assurance that such lapses will not occur in the future.(Regulatory Compliance)

• The company is exposed to payment delays and/or defaults by its major customers, and its financial position and performance are dependent on the creditworthiness of its customers. There is no guarantee that all or any of the customers will honor their outstanding amounts in time.(Credit Risk)

• The company is dependent upon third parties for supply of raw materials, and any disruption in their supply could disrupt the company's business and adversely affect its financial results.(Supply Chain Risk)

• The company has not faced any material disputes with its suppliers in the past.(Supplier Disputes)

• The company is exposed to volatility in the prices and non-availability of raw materials, which may have an adverse impact on its business prospects, results of operations and financial condition.(Raw Material Price Volatility)

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.