Middle East Export Disruption
Prolonged geopolitical tensions in the Middle East could impact ~12% of total revenue, as exports to the region were disrupted in March and continue into April.
RRKABEL / bear-case history
Track the concerns that keep returning.
R R Kabel · risk themes across the available quarters.
Research layer active
Bear-case history
Risks carried through the record.
high
Raw Material Volatility
Volatile copper, aluminum, and PVC prices create uncertainty in margins; pricing actions are continuous but may lag.
FMEG Turnaround Delays
FMEG breakeven target slipped from FY26 to FY27 due to weak demand and input cost pressures; further delays possible if conditions worsen.
Inventory Gain Normalization
Q4 benefited from positive inventory gains; if copper prices stabilize, margin expansion may slow, making it harder to hit 9.5% target.