Khandwala Securities Reports Strong Financial Performance in Q1 FY25

Khandwala Securities, a microcap finance and non-banking financial company (NBFC), has recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Khandwala Securities has shown a positive performance in the quarter, with a score of 8 compared to -1 in the previous three months. This indicates a significant improvement in the company’s financials.

One of the key factors contributing to this positive performance is the growth in net sales, which have increased by 62.61% year on year to reach Rs 5.35 crore in the first half of the year. The company’s near-term sales trend is also very positive.

In terms of operating profit, Khandwala Securities has recorded its highest PBDIT (Profit Before Depreciation, Interest, and Taxes) in the last five quarters at Rs 0.56 crore. The near-term trend for operating profit is also positive.

Similarly, the company’s PBT (Profit Before Tax less Other Income) has also seen a significant increase, reaching its highest in the last five quarters at Rs 0.41 crore. The near-term trend for PBT is positive.

Khandwala Securities has also shown a positive trend in its PAT (Profit After Tax), with the highest recorded in the last five quarters at Rs 0.48 crore. This indicates a strong profitability for the company in the near term.

The company’s EPS (Earnings per Share) has also seen a significant increase, reaching its highest in the last five quarters at Rs 0.31. This shows that Khandwala Securities has been able to create higher earnings for its shareholders.

Overall, Khandwala Securities has shown a positive financial performance in the quarter ending June 2024, with strong growth in net sales, operating profit, PBT, PAT, and EPS. This indicates a promising future for the microcap finance and NBFC company.