Key risks
- Mar 2026 results show acute profitability crisis: both entries report losses (EPS -0.03 to -0.04) with operating margins collapsing to -28.01% and -15.84%
- Extreme quarterly margin volatility: ranges from -28.01% OPM to +3.35%, indicating either unstable cost structure or volatile revenue base
- Investor exodus: stock down 30.66% over 12 months, now ₹6.4 vs ₹9.66 peak
- Verify liquidity adequacy and cash-burn timeline given sustained losses; no dividend since December 2023
Generated analysis · source review pending