Tariff-related delays persisting beyond Q2
Client-driven delays in equipment procurement due to tariff uncertainty may extend beyond Q2, impacting revenue recognition and growth trajectory.
BBOX / Q1-FY26 / risks
Keep the risk register visible.
Black Box · Material risks, their source context, and severity in the latest available quarter.
Research layer active
ConCallIQ research layer
Signal, with the source still visible.
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Risk intelligence
Material risks this quarter
high
Revenue growth dependency on large deal closures
Achieving $1 billion bookings and 15-20% sequential revenue growth hinges on closing several large deals ($10M+), which have long lead times and uncertain timing.
Exceptional items may persist beyond FY26
While management expects exceptional items of INR 40-50 Cr for FY26 to be the last, further restructuring could arise from macroeconomic changes.