Capri Global Capital Reports Positive Financial Results for Q3 2024

Capri Global Capital, a midcap finance company, has recently announced its financial results for the quarter ending September 2024. The company has shown a very positive performance in this quarter, with its score improving from 17 to 22 in the last three months.

According to the financials, Capri Global has achieved its highest net sales of Rs 751.64 crore in the last five quarters, with a growth trend in each quarter. The operating profit (PBDIT) has also shown a positive trend, reaching its highest at Rs 462.60 crore. The profit before tax (PBT) has grown by 48.09% year on year, with a very positive trend in the near term. The profit after tax (PAT) has also shown a growth of 48.7% year on year, with a positive trend in the near term.

The company's efficiency has improved, with the operating profit margin reaching its highest at 61.55% in the last five quarters. The PBT and PAT have also shown their highest values in the last five quarters, indicating a positive trend in the near term. The earnings per share (EPS) have also increased, reaching its highest at Rs 1.18 in the last five quarters, showing an increase in profitability and creating higher earnings for shareholders.

However, there are some areas that need improvement for Capri Global. The debt-equity ratio has reached its highest at 3.19 times in the last five half yearly periods, indicating that the company is borrowing more to fund its operations. This may lead to a stressed liquidity situation. Additionally, the non-operating income has also shown its highest value in the last five quarters, which may not be sustainable in the long run.

Overall, Capri Global has shown a strong financial performance in the quarter ending September 2024, with positive trends in key areas. However, the company should focus on reducing its debt and maintaining sustainable non-operating income for long-term growth.