High LeverageWhile leverage can amplify returns, IRB's high debt levels pose a risk to financial stability, especially if revenue growth does not meet expectations.
Revenue Growth InstabilityFluctuating revenue growth indicates potential challenges in maintaining consistent income streams, which could impact long-term financial planning.
Historical Cash Flow VolatilityInconsistent cash flow generation in the past highlights potential challenges in maintaining liquidity, which could affect IRB's ability to invest in new projects.