Culture needs to be improved a lot. A lot of people exit the company in a short tenure and its not a sustainable way to build a business. The promoters need to take note of this and take remedial measures about the same.

For instance, read the Glassdoor reviews of their competitors like CBInsights, Pitchbook, etc – the numbers are green and it speaks volumes about how the company is run today.

I think management always gives guidance in the tone that something may happen. They never claim that something will definitely happen. For eg – we look forward to our margins going up in the coming 2 quarters vs we will definitely have higher margins in the next quarter.

What is your read of these reviews on Glassdoor?

The results look decent and with price correction in the past few months, it looks like a good price to enter. Any suggestions?

Disclosure: tracking.

excuse me for interrupting.
what went wrong is that they have several segments, previously they were heavily into govt project EPCs, there were 2 projects in particular which had issues from the client side (WIL did their part), which led to funding issues, as these clients didnt pay.
to sustain their operations they needed funds, debt was already fully utilised according to the bank limits, so they went to KKR.
post that covid hit, and what was in the dump, got more deeper in the dump

funding is the key, this industry is pretty capital intensive. they have the knowhow, the tech and the certifications/brand in their space, all they need are funds to support wc.
they have also gotten out of the govt epc space, and will focus only on pvt entities.
now regarding the tailwinds, i am sure you can read them everywhere.
my thought is i see several entities using these keywords like space, aero, defence, but here we have an entity who truly does it.

you need to understand these are temporary things, yes its a bad show from the side of the mgmt, but we as investors cannot have the answer to everything, if we did then WIL wont be at the valuations it is today

fy25 needs to be better, one needs to closely track execution, thats the key to it all.