Key risks
- Margin volatility: consolidated OPM fell from 40.1% (Mar 2026) to 12.54% (Jun 2026) — verify operational drivers and consistency
- Valuation concern: PE 36.68 relative to ROE 16.06% — verify growth assumptions and earnings visibility backing current price
- Institutional outflow: FII holdings declined from 6.7% (Mar 2026) to 3.02% (Jun 2026) in a single quarter — reason for exit unclear
- Market size: quarterly revenue of ₹14–30 Cr in a niche segment — verify addressable market size and long-term growth potential
Generated analysis · source review pending