Key risks
Revenue volatility: collapsed 92% from ₹121.5 Cr (Jun 2019) to ₹9.46 Cr (Jun 2020), recovering only to ₹46.25 Cr by Mar 2021; verify current revenue trajectory post-2021 and whether business has stabilized
Profitability unpredictability: net profit swung from ₹6.64 Cr (Jun 2019) to -₹6.89 Cr (Jun 2020) and remained negative or near-zero through Mar 2021; assess whether current OPM of 9.18% represents durable recovery or cyclical upturn
Capital access constraints: FII holding 0.01%, DII 0%, and 51% public float create illiquidity risk and limit ability to raise capital at favorable terms during sector downturns
Earnings visibility gap: detailed quarterly data extends only to Mar 2021; latest results declared 2026-08-05 without detailed breakdown—verify current profitability quality and margin sustainability
Generated analysis · source review pending