Key risks
- Revenue reporting gap — No revenue data since Mar 2021 (₹24.07 Cr); most subsequent quarters show 'n/a'. Verify whether company is still executing and what changed in reporting structure.
- Margin mismatch — OPM of 13.87% reported now vs. 3.82% in last reported quarter (Mar 2021). Historical quarters show profit volatility from -₹1.24 Cr (Dec 2019) to +₹0.59 Cr (Mar 2021). Verify if recent margin improvement is real or accounting-driven.
- Stock collapse — 52-week return of -52.54%, price fell from ₹44.08 to ₹21.68. Verify what execution risks and project pipeline weakness caused this market repricing.
- Promoter stake decline — Shareholding fell from 14.59% (Mar 2026) to 13.7% (Jun 2026) with 59.23% public float. Verify reasons for founder's stake reduction.
Generated analysis · source review pending