Key risks
- Operational margin collapse: OPM fell from 15.28% (Mar 2026) to -0.34% (Jun 2026) in one quarter; researcher should verify what cost factors or market conditions drove this 15.6 percentage-point swing
- Extreme net profit volatility: Profit ranged from ₹52.41 Cr (Mar 2026) to -₹42.63 Cr (Sep 2025) within eight months, creating high earnings uncertainty
- Current losses persist: Both Jun 2026 quarters show negative net profit, indicating the profitability of Mar 2026 has not recurred
- Minimal capital returns: ROE of 0.45% indicates the company generates almost no returns on retained equity
Generated analysis · source review pending