Key risks
- Net profit swings from ₹6.28 crore (Mar 2026) to −₹4.06 crore (Dec 2025) across recent quarters signal project execution and revenue-recognition risk.
- Negative ROE of −3.08% despite OPM of 20.68% suggests capital is not generating returns; verify whether this reflects a specific quarter or structural capital-deployment issues.
- D/E ratio of 1.08 constrains debt headroom in a cyclical sector; verify debt maturity profile and project cash-flow timing.
- OPM ranges from −12.43% (Sep 2025) to 72.32% (Mar 2026), indicating mixed project profitability across the portfolio.
Generated analysis · source review pending