NINtec Systems Reports Strong Financial Performance in Q1 FY25

NINtec Systems, a microcap IT software company, 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, NINtec Systems has shown outstanding performance in the quarter, with a score of 34 compared to 37 in the previous quarter. The company’s Profit After Tax (PAT) has seen a significant growth of 82.2% year on year, with a near-term trend that is very positive. Similarly, the Net Sales have also shown a consistent growth in the last five quarters, with a near-term trend that is very positive.

The company’s Operating Profit (PBDIT) has reached its highest at Rs 6.37 crore and has shown growth in each of the last five quarters. This indicates a positive trend in the near term. The Profit Before Tax less Other Income (PBT) has also shown a consistent growth in the last five quarters, with a near-term trend that is very positive. In fact, the PBT has grown by 74.41% year on year, indicating a strong performance by the company.

NINtec Systems has also shown a strong Operating Profit Margin of 30.86%, which is the highest in the last five quarters. This indicates an improvement in the company’s efficiency. The Earnings per Share (EPS) has also reached its highest at Rs 2.64 in the last five quarters, showing an increasing profitability and higher earnings for shareholders.

Overall, NINtec Systems has shown a strong financial performance in the quarter ending March 2024, with positive trends in key areas such as PAT, Net Sales, PBT, and EPS. This is a promising sign for the company and its shareholders.