Shree Digvijay Cement Co. Reports Negative Performance in Q3 2024

Shree Digvijay Cement Co., a smallcap company in the cement industry, recently announced its financial results for the quarter ending September 2024. According to the report, the company has seen a negative performance in this quarter, with a score of -17 compared to -1 in the previous three months.

Despite this, there are some positive aspects to the company's financials. The operating cash flow for the year is the highest it has been in the last three years, at Rs 95.65 crore, and has shown growth each year. This indicates that the company has generated higher cash revenues from its business operations.

However, there are also some areas that are not performing well for Shree Digvijay Cement Co. The net sales for the quarter have fallen by -25.2% compared to the average net sales of the previous four quarters, which was Rs 194.00 crore. This shows a negative trend in sales in the near term.

The profit before tax less other income (PBT) for the quarter has also seen a significant decline of -100.4% compared to the average PBT of the previous four quarters, which was Rs 25.17 crore. The same trend is seen in the profit after tax (PAT) for the quarter, which has fallen by -98.1% compared to the average PAT of the previous four quarters, which was Rs 20.45 crore.

The company's operating profit (PBDIT) for the quarter is also at its lowest in the last five quarters, at Rs 8.10 crore. This indicates a negative trend in the near term for the company's operating profit. The operating profit margin for the quarter is also at its lowest in the last five quarters, at 5.58%, showing a decline in the company's efficiency.

The earnings per share (EPS) for the quarter is also at its lowest in the last five quarters, at Rs 0.03. This indicates a decline in profitability and lower earnings for shareholders. The company's cash and cash equivalents for the half-yearly period are also at their lowest in the last six periods, at Rs 3.39 crore, showing a deterioration in short-term liquidity.

Based on these financial results, MarketsMOJO has given a 'Sell' call for Shree Digvijay Cement Co.'s stock. Investors should carefully consider these factors before making any investment decisions.