The Company depends heavily on a single supplier for a significant portion of purchases (74.11% from the top supplier in FY26), and any disruption could adversely affect operations and financial condition.

The Company's revenue has varied historically, partly due to a FY24 slump sale of its Chennai branch; there is no assurance that recent revenue growth will be sustained.

The Company has no long-term agreements with customers; orders are placed on a short-term basis, and customers may reduce or discontinue sourcing at any time.

The Company's inability to collect receivables from customers, or defaults in payment, could adversely affect profitability, cash flows and financial condition.

Delays or cost escalations in the proposed purchase of plant and machinery for subsidiary Everestt Chillers could affect deployment of Net Proceeds.

The Company had contingent liabilities of ₹4.23 Lakhs as of FY26 that have not been provided for, which if materialized could adversely affect financial condition.

Certain procedural lapses occurred in past equity allotments, including partial cash consideration and discrepancies in RoC filings; regulatory action on these matters could adversely affect the Company.

There are discrepancies and non-compliances in some corporate records and statutory filings with the RoC, tax authorities and other regulators, including delayed BEN-2 filings; future penalties could impact financial position.

The Company derives a major portion of revenue from concentrated geographical regions (Gujarat, Tamil Nadu, Maharashtra contributed 77.96% of FY26 sales); adverse regional developments could impact revenue.

Promoter Mrs. Kanagalakshmi Selvaraj does not have direct prior experience in the HVAC and Industrial Refrigeration industry, which may affect her ability to assess industry-specific risks.