Hilton Metal Forging Reports Mixed Financial Results for Q3 2024
Hilton Metal Forging, a microcap company in the castings/forgings industry, reported a negative performance in the second quarter of fiscal year 2024-2025 with a score of -6. However, net sales for the quarter were the highest in the last five quarters, showing a 21.2% increase. Profit after tax has decreased by 70.47% compared to the same period last year.
Hilton Metal Forging, a microcap company in the castings/forgings industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' rating by MarketsMOJO.
According to the financial report, Hilton Met.Forg. has seen a negative performance in the second quarter of the fiscal year 2024-2025, with a score of -6. However, this is an improvement from the previous quarter's score of -13.
Despite the overall negative performance, there are some positive aspects to note. The company's net sales for the quarter were the highest in the last five quarters, at Rs 43.75 crore. This is a 21.2% increase from the average net sales of the previous four quarters. The near-term sales trend is also positive.
On the other hand, there are some areas that need improvement. The company's profit after tax (PAT) for the half-yearly period has decreased by 70.47% compared to the same period last year. The near-term trend for PAT is also negative. Additionally, the interest cost has increased by 43% over the preceding nine months, indicating increased borrowings. The company's earnings per share (EPS) for the quarter were the lowest in the last five quarters, showing a decline in profitability and lower earnings for shareholders.
Overall, Hilton Metal Forging's financial results for the quarter ending September 2024 have been mixed. While there are some positive aspects, there are also areas that need improvement. Investors should carefully consider these factors before making any decisions regarding the company's stock.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
