Jiwanram Sheoduttrai has a strong global presence, with a focus on the US Industrial Leather Gloves market. They serve customers in North America, South America, Europe, Oceania, and Asia.
Over the past two decades, the company has established its presence worldwide, particularly in Europe, America, and the Middle East, and has expanded to over twenty countries.
Their manufacturing facilities are fully equipped to handle all stages of production, from design and development to material sourcing and infrastructure planning. Everything is managed under one roof to meet customer demands efficiently.
The company ensures product quality and safety by obtaining certifications from reputable bodies such as BIS and ISO. They also have in-house labs that conduct regular product testing to ensure compliance with industry regulations.
The company's products adhere to international quality standards and are certified under European standards such as EN 388, EN 407, EN 511, and EN 659, which assess hand protection risks.
The company and its directors are involved in certain legal proceedings, and unfavorable outcomes could significantly impact its business and financial condition.
The company heavily relies on its top 10 suppliers to provide a consistent supply of raw materials. Any disruption in this supply chain could adversely affect the company's operations.
A substantial portion of the company's revenue comes from a few key customers. Losing any of these significant customers could adversely affect the company's business.
The company faces potential contingent liabilities that could harm its financial condition.
The company primarily depends on exports for product sales, exposing it to foreign currency exchange rate risks.
The company lacks offshore offices to manage international operations.
All manufacturing facilities are situated in West Bengal, making the company vulnerable to local social unrest, natural disasters, or service disruptions.
The company holds unsecured loans with a significant outstanding amount, which may be called upon at any time as they are repayable on demand.
The company typically conducts business with customers through purchase orders and has not entered into long-term contracts.
The company's group company has incurred losses in the past and may continue to do so in the future.
The company has delayed payments of government dues, which could have adverse consequences for its future business operations.
Negative cash flow from operating activities has been experienced in the past and may continue, potentially adversely affecting the company's business.
While the company received a B- rating for long-term and an A4 rating for short-term bank facilities on June 23, it previously received a D rating in a CRISIL report.