Ador Multi Products reports highest operating profit in five quarters, but net sales and PAT show decline

Ador Multi Products, a microcap FMCG company, has recently announced its financial results for the quarter ending December 2023. The company has reported a flat performance for the quarter, with no significant changes in its score over the last three months.

Despite this, there are some positive aspects to the company's financials. Ador Multi Products has recorded its highest operating profit (PBDIT) of Rs -0.46 crore in the last five quarters, with a consistent growth trend in each quarter. The near-term trend for operating profit is also positive. Similarly, the company's profit before tax (PBT) less other income has also shown a positive trend, with the highest recorded at Rs -0.64 crore in the last five quarters.

On the other hand, there are some areas of concern for Ador Multi Products. The company's net sales for the nine-month period have decreased by -38.28% year on year, with a negative trend in the near term. Similarly, the profit after tax (PAT) for the same period has also decreased by -38.28% year on year, with a negative trend in the near term.

MarketsMOJO has given a 'Strong Sell' call for Ador Multi Products' stock, based on its financial performance for the quarter ending December 2023. However, the company's increasing profitability and higher earnings per share (EPS) in the last five quarters show that it has been able to create value for its shareholders.