Excel Realty N Infra Reports Positive Financial Performance in Q2 2024, But Some Areas Need Improvement

Excel Realty N Infra, a microcap company in the construction and real estate industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Excel Realty has shown positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from -1 to 11 in the last three months.

Some key highlights from the financials include the highest operating profit (PBDIT) of Rs -0.33 crore in the last five quarters, indicating a positive trend in the near term. The profit before tax (PBT) less other income has also shown an upward trend, with the highest at Rs -0.38 crore in the last five quarters. The profit after tax (PAT) has also seen a positive trend, with the highest at Rs 1.10 crore in the last five quarters. This shows that the company has been able to create higher earnings for its shareholders.

However, there are some areas that need improvement. The company's operating cash flow has been consistently falling, with the lowest at Rs -7.12 crore in the last three years. This indicates a decline in cash revenues from business operations. Additionally, the non-operating income for the quarter is 141.30% of the PBT, which may not be a sustainable business model. The company's income from non-business activities has also increased, with the highest at Rs 1.30 crore in the last five quarters, which may not be sustainable in the long run.

Overall, Excel Realty N Infra has shown positive financial performance in the recent quarter, but there are some areas that need improvement. Investors should carefully consider these factors before making any investment decisions.