Key risks
- Sep quarters consistently unprofitable (OPM -7.97% and -5.92% in 2025/2024; EPS negative both years) — verify whether structural or addressable
- ROE just 8% despite peak OPM >45% signals capital underutilized
- Stock down 12% YoY despite regular dividends — verify occupancy, pricing, and demand trends
- Revenue swings ₹15–36 Cr with fixed costs bleeding cash when occupancy falls — verify unit-level margins by season
Generated analysis · source review pending