Risks
Policy & Procurement Changes: Vulnerability to shifts in government defence policies, procurement cycles, and budget allocations.
Project Delays & Cost Overruns: Defence projects are often complex, subject to delays, and can incur significant cost escalations.
Intense Competition: Competition from established DPSUs, other large private sector players, and international defence majors.
Technological Obsolescence: Rapid advancements in defence technology can render existing products or solutions outdated.
Regulatory & Compliance: Strict adherence to defence-specific regulations, quality standards, and export controls.
Single Customer Concentration: Over-reliance on the Indian government as the primary customer exposes the company to specific risks related to budget and policy.