Key risks
- Operating margin volatility: OPM swung 3.87% (Dec 2025) to 7.16% (Sep 2025), seasonal or input-cost exposure
- Weak capital returns: ROE 8.81% low for consumer staples, limits growth from retained earnings
- High stock volatility: 52w range ₹683.3–₹1,753.2 (2.5x) signals valuation or sector uncertainty
- Regulatory risk: verify excise rate changes and compliance costs in breweries, distilleries
Generated analysis · source review pending