Key risks
- Operating margin compressed from 17.5% (Sep 2025) to 12.1% (Jun 2026), indicating cost or competitive pressure
- High valuation at PE 61.87 leaves limited safety margin
- EPS declined from ₹9.60 to ₹7.33 despite revenue growth, eroding earnings per share
- Stock down 5.12% over one year despite strong ROE—verify whether valuation concerns or structural headwinds suppress the price
Generated analysis · source review pending