Hy-Tech Engineers Limited

• Funding the capital expenditure requirements towards procurement of machinery and equipment for expansion at Kavathe Unit, Shirwal Unit and Pithampur Unit-I₹30.0 Cr
• Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by our Company₹16.0 Cr
• General corporate purposes

• Concentration of revenue from a few customers, with top 10 customers contributing 45.32%, 42.02% and 48.72% of revenue from operations in Fiscal 2026, 2025 and 2024 respectively. The share of total revenues attributable to the 10 largest customer groups has increased in Fiscal 2026 as compared to Fiscal 2025.(Customer Concentration)

• Significant portion of revenue derived from exports, which accounted for 29.37%, 28.30% and 33.14% of total revenues in Fiscal 2026, 2025 and 2024 respectively. A substantial portion of export revenue was generated from the United States of America, which contributed 21.42%, 22.85% and 24.56% of total revenues during the same period.(Export Dependence)

• Dependence on Hy-Tech USA Inc., a Promoter group member, for a significant portion of export revenue. Customers sourced by Hy-Tech USA Inc. contributed 17.88%, 19.80% and 20.61% of revenues from operations in Fiscal 2026, 2025 and 2024 respectively.(Distributor Concentration)

• Exposure to exchange rate fluctuations due to revenues received from overseas markets, including the United States of America, Belgium, Poland, Russia, Brazil, Italy, Saudi Arabia, Hungary, UAE, and Thailand.(Currency Risk)

• No long-term or exclusive arrangements with any customers; all transactions are typically on a purchase order basis without commitment for fixed volume of business. There can be no assurance that customers will continue to place orders with the company or that the company will be able to significantly reduce customer concentration in the future.(Customer Relationships)

• Any failure to continue existing arrangements with top customers or inability to maintain existing customer relationships could adversely affect business, financial condition, results of operations and cash flows.(Customer Relationships)

• Any disruptions or challenges faced by Hy-Tech USA Inc. or other distributors, including operational inefficiencies, changes in distributor management, financial instability, or shifts in market demand, could impact sales and overall financial performance.(Distributor Relationships)

• Adverse developments in overseas markets, such as restrained economic or political relations of India with the United States of America, or materially adverse social, political or economic development, natural calamities, civil disruptions, regulatory developments or changes in government policies or tariffs in the USA, could adversely affect distribution activities and business.(Geopolitical Risk)

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.