MBL Infrastructure Announces Q1 Financial Results, Receives 'Sell' Call from MarketsMOJO
MBL Infrastructure, a microcap company in the capital goods industry, reported its financial results for the quarter ending March 2024. The company's earnings per share (EPS) showed an increase, indicating higher profitability. However, net sales and profit after tax (PAT) have declined, and the company's ability to manage interest payments and operating profit has also been concerning. Investors should carefully evaluate these factors before making any investment decisions.
MBL Infrastructure, a microcap company in the capital goods industry, recently announced its financial results for the quarter ending March 2024. The results, declared on August 13, 2024, have received a 'Sell' call from MarketsMOJO.
According to the financials, MBL Infrast has seen a negative performance in the quarter, with a score of -19 compared to -16 in the previous quarter. However, there are some positive aspects to the company's performance in the quarter.
One of the highlights is the company's earnings per share (EPS) which has been the highest in the last five quarters at Rs 20.39. This indicates an increase in profitability and the company's ability to generate higher earnings for its shareholders.
On the other hand, there are some concerning factors in MBL Infrast's financials for the quarter. The net sales have fallen by -24.58% year on year (YoY) to Rs 33.75 crore, indicating a negative sales trend in the near term. Similarly, the profit after tax (PAT) has also fallen by -88.8% YoY to Rs -14.46 crore, showing a negative trend in the near term.
Another concerning aspect is the company's ability to manage interest payments, with the operating profit to interest ratio being the lowest in the last five quarters at -3.97 times. Additionally, the profit before tax less other income (PBT) has also fallen by -13.24% YoY to Rs -48.57 crore, indicating a negative trend in the near term.
Overall, MBL Infrastructure'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.
{{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
