Key risks
- Operating margin compressed from 62.5% (Mar-21) to 8.81% (current), with negative OPM in intervening quarters; verify whether current margin is sustainable and root cause of compression
- Revenue unreported in multiple quarters and ranging ₹0.01–₹0.08 Cr quarterly; verify current revenue run-rate, business stability, and customer concentration
- Debt-to-Equity 0.74 relative to thin ₹Cr-scale net profit base; verify debt service coverage and sustainability of leverage
- PE of 38.41 is elevated relative to volatility and thin current margins, exposing the stock to correction if growth or profitability disappoints
Generated analysis · source review pending