DCW's Q3 financials show mixed results, highest operating cash flow but negative PBT and PAT.

Nov 14 2024 05:22 PM IST
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DCW, a smallcap chemicals company, reported a negative performance in the quarter ending September 2024 with a score of -14. However, the company's operating cash flow has been consistently growing over the past three years. On the downside, the PBT and PAT for the quarter saw significant decreases, and the company has been distributing lower dividends compared to previous years. Investors are advised to hold their positions and monitor the company's performance closely.

DCW, a smallcap company in the chemicals industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, DCW has seen a negative performance in the quarter, with a score of -14 compared to -4 in the previous quarter. However, there are some positive aspects to the company's financials. The operating cash flow for the year was the highest at Rs 252.09 Cr and has been growing consistently over the past three years. This indicates that the company has been generating higher cash revenues from its business operations.

On the other hand, there are some areas that need improvement for DCW. The Profit Before Tax (PBT) for the quarter was at Rs -7.79 cr, which is a significant decrease of -4750.7% compared to the average PBT of the previous four quarters. This shows a very negative trend in the near term. Similarly, the Profit After Tax (PAT) for the quarter was at Rs -1.25 cr, a decrease of -136.9% compared to the average PAT of the previous four quarters. This also indicates a negative trend in the near term.

In terms of dividends, DCW has been distributing lower dividends compared to the previous years. The Dividend per Share (DPS) for the year was at Rs 0.00, the lowest in the last five years. Additionally, the Dividend Payout Ratio (DPR) for the year was at 0.00%, the lowest in the last five years. This means that the company is distributing a lower proportion of its profits as dividends.

Overall, DCW's financial results for the quarter ending September 2024 have been mixed, with some positive and negative aspects. Investors are advised to hold their positions and closely monitor the company's performance in the coming quarters.
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