Microcap IT Company Cybertech Sys. Shows Positive Performance in Q1 FY25

Cybertech Systems & Software, a microcap IT software company, has recently announced its financial results for the quarter ending June 2024. The company has shown positive performance in this quarter, with a score of 8 out of 10, an improvement from the previous quarter’s score of 6.

The net sales for the quarter were the highest in the last five quarters, at Rs 57.88 crore. This indicates a positive trend in the company’s sales in the near term. The operating profit (PBDIT) for the quarter was also the highest in the last five quarters, at Rs 7.46 crore. This shows a positive trend in the company’s operating profit in the near term. Similarly, the profit before tax (PBT) less other income was also the highest in the last five quarters, at Rs 5.68 crore, indicating a positive trend in the near term.

The company’s profit after tax (PAT) for the quarter was also the highest in the last five quarters, at Rs 7.36 crore, showing a positive trend in the near term. The earnings per share (EPS) for the quarter were also the highest in the last five quarters, at Rs 2.36. This indicates that the company has been able to create higher earnings for its shareholders, showcasing its increasing profitability.

However, one area of concern for Cybertech Sys. is its non-operating income, which is 43.31% of its profit before tax (PBT). This suggests that the company’s income from non-business activities is high, which may not be a sustainable business model.

MarketsMOJO has given a ‘Hold’ call for Cybertech Sys. stock, taking into consideration its financial performance in the quarter ending June 2024. With positive trends in sales, operating profit, PBT, PAT, and EPS, the company has shown promising results. However, investors should also keep an eye on the company’s non-operating income and its sustainability in the long run.