Key risks
- Profitability crisis: 5 of 7 recent quarters posted losses; only Mar 2026 and Mar 2025 profitable, showing fragility
- Margin erosion: operating margin -25.72% full year, bottoming -37.47% (Sep 2025); thin margins cannot absorb operational stress
- Revenue volatility: quarterly range ₹27-58 Cr limits forecasting and cash-flow visibility
- Verify: company-specific operational distress or industry-wide downturn in electrical products?
Generated analysis · source review pending