Bajaj Consumer Care's Financial Results Show Decline in Performance, 'Sell' Call Given

Bajaj Consumer Care, a smallcap FMCG company, has recently declared its financial results for the quarter ending September 2024. However, the company's performance has not been up to the mark, as indicated by the negative score of -9, a significant drop from -6 in the last three months.

The company's Profit Before Tax (PBT) has fallen by -11.80% Year on Year (YoY) to Rs 29.97 crore, and the Profit After Tax (PAT) has also seen a decline of -14.6% YoY to Rs 31.85 crore. This trend is expected to continue in the near term.

Moreover, Bajaj Consumer's Net Sales for the quarter have been the lowest in the last five quarters at Rs 233.98 crore, indicating a negative sales trend. The Operating Profit (PBDIT) has also seen a decline, reaching its lowest at Rs 32.65 crore in the last five quarters. The Operating Profit Margin has also decreased to 13.95%, indicating a deterioration in the company's efficiency.

The company's Earnings per Share (EPS) for the quarter have also been the lowest in the last five quarters at Rs 2.32, showing a decline in profitability and lower earnings for shareholders. Additionally, the Debtors Turnover Ratio for the half-yearly period has also been the lowest in the last five periods at 14.63 times, indicating a slower pace of settling its debtors.

Based on these financial results, MarketsMOJO has given a 'Sell' call for Bajaj Consumer's stock. Investors are advised to carefully consider these factors before making any investment decisions.