Mauria Udyog Reports Strong Financial Performance in Q1 FY25, Receives 'Hold' Rating from MarketsMOJO

Mauria Udyog, a microcap company in the capital goods industry, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Mauria Udyog has shown positive performance in the quarter, with a score of 14 compared to 18 in the previous quarter. The company’s Profit After Tax (PAT) for the half-yearly period has grown by 67.87% year on year, indicating a strong trend in profitability. The Profit Before Tax (PBT) for the quarter has also shown a significant growth of 61.0% compared to the average PBT of the previous four quarters. This positive trend in PBT is expected to continue in the near term.

The company’s Net Sales for the half-yearly period have also shown a growth of 21.27% year on year, indicating a positive trend in sales. Additionally, Mauria Udyog has recorded the highest Earnings per Share (EPS) of Rs 3.00 in the last five quarters, showcasing its ability to generate higher earnings for its shareholders.

However, the company’s Non Operating Income for the quarter is 60.93% of the Profit Before Tax, which indicates a high reliance on non-business activities. This may not be a sustainable business model in the long run.

Overall, Mauria Udyog has shown a positive financial performance in the quarter ending March 2024, with strong growth in PAT, PBT, and Net Sales. Investors are advised to hold their stocks in the company, as per the recommendation by MarketsMOJO.