Key risks
- Strong quarterly volatility: revenue ranged ₹702.61 Cr (Sep 2025) to ₹949.76 Cr (Jun 2026) within one year; Sep quarters consistently show 5.4% OPM vs 7–8% in other quarters—verify if seasonal demand pattern or structural constraint
- Thin net profit margins (~3–4%) expose earnings to input cost pressure; OPM swings between 5.4% and 8.16% suggest material cost sensitivity
- Elevated PE (36.4) leaves limited valuation cushion; 1-year return −7.56% despite recent profit growth reflects investor skepticism
- Modest ROE (13.18%) below typical hurdle rates may constrain share re-rating
Generated analysis · source review pending