Key risks
Net profit swung from −₹0.77 Cr (Dec 2020) to +₹1.48 Cr (Mar 2021) within three consecutive quarters—extreme volatility makes earnings trajectory unpredictable
OPM ranged 7.7% (Sep 2019) to 70.32% (Mar 2021) across quarters, indicating operational instability; researcher should verify root causes (project mix, execution risk, pricing)
PE of 687.28 is unsustainably high, suggesting near-zero current earnings despite ₹36.01 stock price—typical of distressed or heavily reset valuations; verify FY2026 results
Tiny revenue base (₹1–3 Cr quarterly) with zero FII/DII holdings and 75% promoter concentration creates business concentration and governance transparency concerns
Generated analysis · source review pending