Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
R
Elevated raw material costs impacting margins
High input costs, especially steel, are pressuring margins on fixed-price contracts. Management is delaying material procurement for ~₹200 crore of orders, hoping for cost normalization.
high · management_commentary
R
Supply chain and shipping disruptions
Closure of sea routes and shipping challenges are causing delays in raw material arrivals and increasing logistics costs for outbound deliveries.
medium · management_commentary
R
Lack of price variation clauses in contracts
Customers are unwilling to include price variation clauses, leaving Anup exposed to cost overruns. Management acknowledged this in response to an analyst question.
high · analyst_question
R
Execution delays due to prolonged site projects
Some site projects at Mabel took longer than expected due to technical changes, impacting revenue. Management expects this to be resolved in Q1 FY27.