US tariff uncertainty persists
60% of exports were to the US, and tariffs continue to impact demand. Management is pursuing a US+1 strategy but due diligence is lengthy.
Gem Aromatics · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
60% of exports were to the US, and tariffs continue to impact demand. Management is pursuing a US+1 strategy but due diligence is lengthy.
GST changes have led to cautious procurement, especially from price-sensitive unorganized players. Clarity is emerging but impact lingers.
New facility requires customer approvals and production stability; delays in commercialization could impact revenue targets.