Debt Structure Analysis in Due Diligence: The Risk Hidden Behind Low Borrowings The company had low debt but high risk. Debt ratios were comfortable, yet a review of the borrowings showed short-term loans funding a new plant, working capital lines renewed and stretched every year... Companies Act Due Diligence Financial Due Diligence M&A 31-Oct-2026
Off-Balance Sheet Items in Due Diligence: Finding the Obligations Outside the Books The balance sheet looked light, but the business was not. Leverage ratios were comfortable and borrowings were modest, yet a closer review found long lease commitments, receivables sold with recourse,... Due Diligence Financial Due Diligence M&A Quality of Earnings 31-Oct-2026
Contingent Liabilities in Due Diligence: Assessing the Risks That Sit in the Notes Everything was disclosed, yet the real risk was not in the balance sheet. It was in the notes. A company with strong net worth and controlled borrowings carried ongoing litigation, disputed tax demand... Due Diligence Financial Due Diligence M&A Tax Assessment 31-Oct-2026
Customer Concentration Risk in Due Diligence: How to Measure and Price It Revenue was growing consistently, until one client walked away. Overnight, a business with rising sales and stable margins looked vulnerable, because it had never been diversified; it had been depende... Due Diligence Financial Due Diligence M&A Quality of Earnings 31-Oct-2026
Management Behaviour in Due Diligence: How Trust and Transparency Affect Valuation The numbers supported a higher valuation, but the deal was still renegotiated. Growth was consistent, margins were strong and the financials were clean. Yet answers to key questions arrived late, impo... Corporate Governance Due Diligence Financial Due Diligence M&A 31-Oct-2026
Common Due Diligence Mistakes Investors Make, and How to Avoid Them Most investment mistakes do not happen because the business was bad. They happen because the right questions were never asked. A data room is opened, the financials are ticked against audited accounts... Due Diligence Financial Due Diligence M&A Quality of Earnings 31-Oct-2026
H K Davra & Co. Working Capital in Due Diligence: Receivables, Inventory, Payables and Setting the NWC Peg Working capital is where many transaction disputes start. A seller can collect receivables aggressively, run down stock and delay supplier payments in the months before closing, handing over a busines... Due Diligence Financial Due Diligence M&A Working Capital 25-Jan-2026
H K Davra & Co. Financial Due Diligence in India: Scope, Process and How Findings Change the Deal Price A set of audited financial statements tells an investor what the business reported. It does not tell the investor whether those profits will recur, whether the cash is really there, or which obligatio... Corporate Finance Due Diligence Financial Due Diligence M&A 04-Jan-2026