YOGIJI DIGI LIMITED

Bear case

• The company loses a significant customer or experiences a reduction in orders from major clients.

  The company does not have long-term contracts with major customers, making it vulnerable to revenue loss.

• Economic conditions in northern and eastern India deteriorate, affecting sales.

  The company is exposed to regional economic conditions, particularly in northern and eastern India, where it derived 76.27% of domestic revenue in FY 2026.