Key risks
- Thin 13.5% OPM; material/labour cost spikes hit profitability hard
- EPS ₹1.54–2.63 quarterly swings suggest project-dependent execution risk
- Stock down 8.31% yr/yr despite 17% ROE; verify order visibility and growth catalysts
- D/E 0.49 low but project-dependent; working capital spikes or cost overruns strain debt capacity
Generated analysis · source review pending