Shreyans Industries Reports Negative Financial Results for Q1 FY25

Aug 05 2024 06:30 PM IST
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Shreyans Industries, a microcap company in the paper and paper products industry, reported a negative financial performance for the quarter ending March 2024. While the company has consistently distributed high dividends, there are concerns about declining net sales, profit, and operating profit. Investors should carefully evaluate these factors before investing.

Shreyans Industries, a microcap company in the paper and paper products industry, recently announced its financial results for the quarter ending March 2024. According to MarketsMOJO, the stock call for Shreyans Industries is ‘Sell’.

The company’s financial performance for the quarter has been very negative, with a score of -22 compared to -17 in the previous quarter. However, there are some positive aspects to note from the financials.


One of the strengths of Shreyans Industries is its dividend per share (DPS), which has been consistently high at Rs 5.00 in the last five years. This indicates that the company is distributing a higher dividend from its profits, which is a good sign for shareholders.


On the other hand, there are some areas of concern in the financials. The net sales for the quarter have fallen by -27.82% year on year, indicating a very negative trend in the near term. Similarly, the profit before tax less other income (PBT) has also fallen by -68.30% year on year, showing a very negative trend in the near term.


The half-yearly profit after tax (PAT) has also seen a decline of -48.53% year on year, while the operating profit (PBDIT) for the quarter is at its lowest at Rs 15.75 cr and has fallen each quarter in the last five quarters. This indicates a negative trend in the near term for the company’s operating profit.


Moreover, the non-operating income for the quarter is 40.15% of the profit before tax (PBT), which suggests that the company’s income from non-business activities is high and may not be sustainable in the long run.


The earnings per share (EPS) for the quarter is also at its lowest at Rs 10.11 in the last five quarters, indicating a decline in profitability and lower earnings for shareholders. Additionally, the dividend payout ratio (DPR) for the company is at its lowest at 7.91% in the last five years, indicating that the company is distributing a lower proportion of its profits as dividends.


Overall, Shreyans Industries has seen a very negative financial performance in the quarter ending March 2024. Investors should carefully consider these factors before making any investment decisions.


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