TGV Sraac Reports Strong Q4 Results Amid Rising Debt Concerns and Liquidity Improvements

TGV Sraac, a small-cap player in the chemicals industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable performance in several key areas. Profit Before Tax (PBT) reached Rs 28.15 crore, reflecting a significant growth compared to the average of the previous four quarters. Similarly, Profit After Tax (PAT) stood at Rs 23.90 crore, also showing substantial growth over the prior averages. Additionally, net sales hit a high of Rs 455.08 crore, marking the strongest performance in the last five quarters. The company's cash and cash equivalents have also reached a peak of Rs 76.04 crore, suggesting an improvement in short-term liquidity.
However, there are areas of concern as well. The debt-equity ratio has risen to 0.33 times, indicating an increase in borrowing to support operations, which may lead to liquidity challenges. Furthermore, the debtors turnover ratio has declined to 7.35 times, suggesting a slower pace in settling receivables.

Overall, TGV Sraac has experienced evaluation changes in its financial score, reflecting the mixed performance across various metrics.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.