Rulka Electricals Limited
Climate Impact & Sustainability Data (2020-03 to 2023-09)
Reporting Period: 2020-03 to 2023-09
Environmental Metrics
Environmental Challenges
- Reliance on a few customers
- Cost overruns or delays in under-construction projects
- Need for approvals and licenses
- Revenue concentration in India
- Outstanding legal proceedings
- Operational risks associated with electrical services
- Performance risk from third-party contractors
- Opposition from local communities
- Revenue concentration among top ten customers
- Failure to perform according to client standards
- Revenue concentration in Maharashtra
- Changing operation and maintenance costs
- Dependence on relationships with customers
- Manpower-intensive business
- Substantial outstanding indebtedness
- Past regulatory non-compliances
- Order book not guaranteeing income realization
- Inability to manage growth
- Risk of delays or non-payment by clients
- Unsecured loans from NBFCs and directors
- Dependence on skilled personnel
- Misconduct or errors by employees
- Dependence on top ten suppliers
- Failure to comply with financing agreement covenants
- Related party transactions
- Leasehold property for operations
- Significant ongoing funding requirements
- Contingent liabilities
- Technological obsolescence
- Trademark infringement
- Dependence on promoters and key personnel
- Changes in tax policies
- Past negative cash flows
- Promoter interests beyond remuneration
- Charges on immovable properties
- Internal control system weaknesses
- Unverified data in the prospectus
- Potential conflicts of interest
- Inadequate insurance coverage
- Logistics and transportation disruptions
- Dependence on Indian economic conditions
- Unpredictable future operating results
- Unverified data in the prospectus
- Unionization risks
- Potential penalties from statutory authorities
- Lack of alternative working capital sources
- Flexibility in using offer proceeds
- Variation in utilization of net proceeds
- General corporate purpose funds not specified
- Equity shares issued at lower price in the past
- Promoter acquisition cost lower than offer price
- No past dividend payments
- Continued promoter control
- Lack of public trading history for equity shares
- Offer price not indicative of future market price
- Anti-takeover provisions
- Increased scrutiny as a listed company
- Potential for further equity issuance