ADC India Communications Reports Strong Financial Performance in Q2 FY25

ADC India Communications, a microcap company in the telecommunication equipment industry, has recently announced its financial results for the quarter ending September 2024. The stock call for the company by MarketsMOJO is ‘Hold’.

According to the financials, ADC India has shown a very positive performance in the second quarter of the fiscal year 2024-25. The company’s score has improved from 17 to 25 in the last three months.

One of the key factors contributing to this positive performance is the company’s operating cash flow, which has been the highest in the last three years at Rs 19.43 crore. This indicates that the company has generated higher cash revenues from its business operations.

In terms of net sales, ADC India has recorded its highest figure in the last five quarters at Rs 50.79 crore, showing a positive trend in the near term. The company’s operating profit (PBDIT) has also been the highest in the last five quarters at Rs 10.63 crore, indicating a positive trend in the near term.

The company’s operating profit margin has also seen an improvement, reaching its highest at 20.93% in the last five quarters. This shows that the company’s efficiency has improved.

In terms of profit before tax (PBT) less other income, ADC India has recorded its highest figure in the last five quarters at Rs 10.57 crore, with a growth of 22.7% over the average PBT of the previous four quarters. This indicates a positive trend in the near term.

Similarly, the company’s profit after tax (PAT) has also shown a positive trend, with its highest figure in the last five quarters at Rs 8.72 crore. This represents a growth of 25.8% over the average PAT of the previous four quarters.

The company’s earnings per share (EPS) have also been the highest in the last five quarters at Rs 18.96, indicating an increase in profitability and higher earnings for shareholders.

In terms of liquidity, ADC India has shown improvement with its cash and cash equivalents reaching its highest at Rs 49.61 crore in the last six half yearly periods.

Lastly, the company has also been distributing higher dividends from its profits, with the highest dividend per share (DPS) in the last five years at Rs 30.00.

Overall, ADC India Communications has shown a very positive financial performance in the recent quarter, with various key indicators pointing towards a positive trend in the near term.