Key risks
- Operating margin jumped to 9.62% (Jun 2026) from 2.98% (Dec 2025). Verify sustainability against Q2 FY27 results.
- Revenue crashed >50%: ₹240 Cr (Sep 2025) to ₹122 Cr (Jun 2026). Drivers undisclosed.
- ROE 6.53% signals poor capital deployment; shareholder returns trail cost of capital (ROE data).
- Thin historic margins (2.98–4.61%) + D/E 0.6 creates operating leverage risk; small revenue or cost shocks compress profits sharply (OPM and leverage data).
Generated analysis · source review pending