Key risks
- Revenue collapsed from ₹8.47 Cr (Jun 2026) to ₹0.03 Cr (Jun 2025)—99.6% trough in 12 months. Verify underlying cause (project-driven, contract timing, one-off events)
- Operating margin swings from −16.59% (Sep 2025) to +58.09% (Jun 2026)—verify if driven by cost structure, revenue-mix variability, or one-off items distorting reported figures
- Promoter holding fell 12.7 percentage points in three months (58.33% to 45.6%, Mar–Jun 2026), while FII jumped from 1.57% to 8.38%—verify reason for rapid dilution
- Net losses in Mar 2026 (−₹7.99 Cr) and Jun 2025 (−₹1.84 Cr) despite ongoing operations—verify if exceptional/one-off or structural
Generated analysis · source review pending