Receivable days stretched to 93 days
Receivable days closed at 93 vs target of 80, partly due to RINL contract closure. Recovery expected in H1 FY27.
TARACHANDINFRALOGISTICSO / bear-case history
Track the concerns that keep returning.
Tara Chand Infralogistic · risk themes across the available quarters.
Research layer active
Bear-case history
Risks carried through the record.
medium
Project execution delays causing revenue deferral
Q4 revenue missed target by ~₹10 crore due to project execution delays at client sites, deferred to Q1 FY27.
Margin dilution from new metallics subsidiary
Analyst raised concern about potential margin dilution from Tarachand Metallics; management provided no concrete numbers.
Foreign currency fluctuation impacting equipment costs
Management cited forex volatility as a risk for new equipment purchases, though mitigated by annual purchase plans.