Aditya Spinners' Q1 FY25 financial report shows mixed results, with highest operating cash flow in 3 years

Jul 29 2024 05:45 PM IST
share
Share Via
Aditya Spinners, a microcap textile company, has announced its financial results for the quarter ending June 2024. The company's operating cash flow and debtors turnover ratio have been the highest in the last three and five half-yearly periods respectively. However, the profit after tax has decreased by -290.3% and the operating profit margin has also decreased, indicating a decline in profitability. Investors should carefully evaluate these factors before making any decisions regarding the company's stock.

Aditya Spinners, a microcap textile company, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Aditya Spinners has seen a flat performance in the quarter, with a score of -4 compared to -3 in the previous quarter. However, there are some positive aspects to the company’s financials.


One of the highlights is the company’s operating cash flow, which has been the highest in the last three years at Rs 8.83 crore. This indicates that the company has generated higher cash revenues from its business operations. Additionally, the debtors turnover ratio has also been the highest in the last five half-yearly periods at 36.04 times, showing that the company has been able to settle its debtors faster.


On the other hand, there are some concerning factors in Aditya Spinners’ financials. The profit after tax (PAT) for the quarter has fallen by -290.3% year on year, with a loss of Rs -0.59 crore. The inventory turnover ratio has also been the lowest in the last five half-yearly periods, indicating a slowdown in the company’s pace of selling inventory. The operating profit (PBDIT) for the quarter has also been the lowest in the last five quarters at Rs 0.32 crore, with a negative trend in the near term. The operating profit margin has also decreased to 2.06%, showing a deterioration in the company’s efficiency. The profit before tax less other income (PBT) has also been the lowest in the last five quarters at Rs -0.70 crore, with a negative trend in the near term. The earnings per share (EPS) for the quarter have also been the lowest in the last five quarters at Rs -0.35, indicating a decline in profitability and lower earnings for shareholders.


Overall, Aditya Spinners’ financial performance for the quarter ending June 2024 has been flat, with some positive and negative aspects. Investors should carefully consider these factors before making any decisions regarding the company’s stock.


{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News