Key risks
- Profitability volatile: net profit swung from -₹52.8 Cr (Sep 2025) to +₹162 Cr (FY26), raising earnings sustainability questions
- Operating margins compressed to 3.54%–6.32% in recent quarters vs. FY26's 18.19%, indicating inconsistency
- PE 86.28 stretched; negligible buffer for earnings disappointment
- ROE 3.43% very low; capital not generating adequate returns
Generated analysis · source review pending