Hind Aluminium's Q1 FY25 financial report shows mixed results, with positive and negative trends.

Aug 14 2024 03:44 PM IST
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Hind Aluminium Industries, a microcap company in the aluminium industry, has released its financial results for the quarter ending March 2024. While the company's PBT has shown a significant growth of 157.0%, its PAT has fallen by -40.7%. Additionally, the company's Operating Cash Flow has been consistently declining. Investors should carefully evaluate these factors before investing.

Hind Aluminium Industries, a microcap company in the aluminium industry, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Hind Aluminium’s performance for the quarter has remained flat, with no significant changes in the last three months. However, there are some positive and negative aspects to the company’s financials.


On the positive side, the company’s Profit Before Tax (PBT) has shown a significant growth of 157.0% compared to the average PBT of the previous four quarters. This indicates a positive trend in the near term for Hind Aluminium. Additionally, the company has been able to settle its debtors faster, with a Debtors Turnover Ratio of 4.16 times in the last five half yearly periods.


On the other hand, the company’s Profit After Tax (PAT) has fallen by -40.7% compared to the average PAT of the previous four quarters. This shows a negative trend in the near term for Hind Aluminium. Furthermore, the company’s Operating Cash Flow has been consistently falling in the last three years, with the lowest being Rs -18.75 Cr in the last year. This indicates a decline in the company’s cash revenues from business operations.


Overall, Hind Aluminium’s financial performance for the quarter ending March 2024 has been mixed, with some positive and negative aspects. Investors should carefully consider these factors before making any investment decisions.


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