Functional & Innovative Foods Limited

• Funding capital expenditure for the setting up of new manufacturing unit at Namakkal, Tamil Nadu (Proposed Unit- V) for sprouted and fortified products₹174 Cr
• Funding capital expenditure for the setting up of new manufacturing unit at Dhar, Madhya Pradesh for manufacturing of existing product portfolio of our company (Proposed Unit-VI)₹196 Cr
• Pre-payment or scheduled re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company₹200 Cr
• Investment in its wholly owned Subsidiary, Christy Quality Foods (India) Private Limited (“CQFIPL”) in the form of debt or equity for repayment/prepayment of borrowings, in full or in part, of all or a portion of certain outstanding borrowings availed by such Subsidiary₹100 Cr
• Funding long-term working capital requirement of our Company₹150 Cr
• General Corporate Purposes

• We derived 60.36%, 69.75%, 54.39% and 46.24% of our revenue from operations during the nine-months period ended December 31, 2025, and Fiscals 2025, 2024 and 2023, respectively, from our top 10 customers.(Customer Concentration)

• We have not entered into long-term agreements or purchase arrangement with our customers.(Customer Concentration)

• Our business, results from operations, and financial condition are significantly dependent on maintaining relationship with our customers, and failure or inability to maintain relationship with all or any of our top 10 customers, for any reason could have a material adverse impact on our business, results of operations, financial condition and cash flows.(Customer Concentration)

• We typically provide our customers with credit periods of 60 days to 90 days from the date of delivery, as part of our standard payment terms.(Credit Risk)

• As at December 31, 2025 and as at Fiscals 2025, 2024 and 2023, our trade receivables were ₹ 698.77 million, ₹ 237.63 million, ₹ 325.44 million, and ₹ 228.96 million, respectively, which accounted for 30.06%, 9.14%, 20.16% and 19.86% of our revenue from operations, respectively.(Credit Risk)

• If we are unable to collect customer receivables or if the provisions for doubtful receivables are inadequate, it could have a material adverse effect on our business, financial condition, cash flows and results of operations.(Credit Risk)

• Our industry and operations are subject to volatility in the pricing of raw materials, including food staples such as soya, wheat, millets and other functional food ingredients, which are susceptible to seasonal price swings.(Raw Material Price Volatility)

• Our inability to procure such raw materials at competitive prices, in the absence of fixed-price supplier contracts, may adversely affect our business, financial condition, cash flows and results of operations.(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.