Key risks
- Revenue declined from ₹1,950 Cr (Sep 2025) to ₹1,800 Cr (Jun 2026), signaling demand or volume pressure
- OPM swings between 6.38–9.61% over recent quarters (current 7.16%), indicating operational inconsistency or cost pressures
- PE ratio of 75.87 is elevated; earnings must accelerate materially to justify the valuation multiple
- Alcohol sector faces evolving excise, licensing, and advertising restrictions in India—verify regulatory impact on margins and profitability
Generated analysis · source review pending