Key risks
- Operating margin volatility: OPM fell from 18.14% (Mar 2026) to 9.8% (Jun 2026), an 830 bps swing, indicating operational instability or cost pressures—verify the cause.
- Extreme profit volatility: Net profit collapsed from ₹21.7 Cr (Mar 2026) to ₹3.24 Cr (Jun 2026) on flat revenue, raising concerns about earnings sustainability.
- High leverage: D/E of 2.92 amplifies downside risk if operational or market conditions deteriorate.
Generated analysis · source review pending