Key risks
- Revenue volatility: ₹18.16–₹24.77 Cr across recent quarters with no discernible trend
- Operating margin compression risk: margins fell to 3.93% in Sep 2023 from 10%+ baseline, illustrating cyclical sector sensitivity
- Profitability inconsistency: net profit ₹0.33–₹1.75 Cr quarterly; EPS ₹0 in Mar 2025 despite ₹1.45 Cr profit
- Valuation: PE 26.69 appears elevated relative to 10% operating margins and profit volatility
Generated analysis · source review pending