Kay Power &Paper Reports Positive Financial Results for Q1 2024, But Concerns Remain
Kay Power &Paper, a microcap company in the paper and paper products industry, has reported positive financial results for the quarter ending March 2024. The company's Net Sales, Profit After Tax, and Earnings per Share have all shown a positive trend, while there are some concerns regarding Profit Before Tax and Non Operating Income. Investors should carefully evaluate before making any investment decisions.
Kay Power &Paper, a microcap company in the paper and paper products 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, Kay Power &Paper has shown positive performance in the quarter, with a score of 6 compared to -2 in the previous quarter. This improvement can be attributed to several factors, including a significant increase in Profit After Tax (PAT) which has grown consistently in the last five quarters. The company's Net Sales have also seen a positive trend, with the highest recorded in the last five quarters at Rs 11.23 crore. This is a 36.3% increase over the average Net Sales of the previous four quarters. Additionally, the company's Earnings per Share (EPS) have also shown a positive trend, with the highest recorded in the last five quarters.
However, there are some areas of concern for Kay Power &Paper. The Profit Before Tax (PBT) less Other Income has been the lowest in the last five quarters, indicating a negative trend. The company's Non Operating Income is also significantly high compared to its PBT, which may not be a sustainable business model.
Overall, Kay Power &Paper has shown promising financial results for the quarter ending March 2024. However, investors should carefully consider all aspects before making any investment decisions.
{{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
