Sambhaav Media Reports Positive Financial Results for Q1 FY25, Stock Given 'Hold' Rating by MarketsMOJO

Sambhaav Media, a microcap company in the printing and publishing 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 financials, Sambhaav Media has shown positive performance in the quarter, with a score of 17 compared to 27 in the previous quarter. The company’s Profit After Tax (PAT) for the half-yearly period has grown by 150.18% year on year, indicating a very positive trend. In fact, the PAT for the half-yearly period is higher at Rs 1.85 crore compared to the preceding 12 months period, which was at Rs -2.96 crore. This shows that the company has already surpassed its PAT for the previous 12 months in just half a year.

Another positive aspect for Sambhaav Media is its Inventory Turnover Ratio, which is at its highest at 153.69 times and has grown in each of the last five half-yearly periods. This indicates that the company has been able to sell its inventory at a faster rate. Additionally, the company’s Operating Cash Flow for the last three years has been at its highest at Rs 16.34 crore, showing that it has generated higher cash revenues from its business operations.

On the other hand, the company’s Cash and Cash Equivalents for the half-yearly period is at its lowest at Rs 0.68 crore in the last six half-yearly periods. This indicates a deteriorating short-term liquidity for the company.

In terms of sales, Sambhaav Media has shown a growth of 37.65% year on year for the quarter, with net sales at Rs 9.14 crore. This shows a positive trend in the near term for the company.

Overall, Sambhaav Media has shown a positive financial performance in the quarter ending March 2024, with strong growth in PAT, inventory turnover, and net sales. However, the company’s short-term liquidity is a concern. Investors are advised to hold their stock in Sambhaav Media for now.