Haryana Capfin Experiences Revision in Stock Evaluation Following Impressive Q2 FY24-25 Performance

Haryana Capfin, a microcap player in the finance and non-banking financial company (NBFC) sector, has recently undergone a revision in its stock evaluation, reflecting the company's impressive financial performance in the second quarter of FY24-25. The firm reported an extraordinary growth in operating profit, showcasing a remarkable increase that has caught the attention of market analysts.
In this latest quarter, Haryana Capfin achieved a PBDIT of Rs 6.02 crore, alongside a profit before tax (PBT) of Rs 6.02 crore and a profit after tax (PAT) of Rs 4.51 crore. These figures represent the highest performance metrics the company has recorded to date, highlighting its potential for growth in a competitive market.

Despite these strong quarterly results, the company faces challenges in terms of long-term fundamental strength, as indicated by its average Return on Equity (ROE) of 1.38%. Nevertheless, Haryana Capfin has demonstrated a solid annual net sales growth rate of 21.62% and an operating profit growth of 5.66%, suggesting a positive trajectory in its operational capabilities.

Currently, the stock is trading at a premium relative to its historical valuations, with a Price to Book Value ratio of 0.4. Over the past year, Haryana Capfin has significantly outperformed the broader market, generating a return of 91.92%, in stark contrast to the BSE 500 index's return of 12.73%.

In light of these developments, Haryana Capfin has been added to MarketsMOJO's list, indicating a growing recognition of its potential in the financial landscape. Investors and analysts alike will be keenly observing how the company navigates its future challenges while capitalizing on its recent successes.