Ador Multi Products Shows Promising Financial Results for Q1 FY25

Aug 16 2024 09:39 AM IST
share
Share Via
Ador Multi Products, a microcap FMCG company, has announced its financial results for the quarter ending March 2024. Despite a flat performance, the company has shown improvement in its overall score, with the highest EPS in five quarters and a strong debtors turnover ratio. Investors should monitor future performance.

Ador Multi Products, a microcap FMCG company, has recently announced its financial results for the quarter ending March 2024. The results, declared on August 14, 2024, have received a ‘Strong Sell’ rating from MarketsMOJO.

Despite a flat performance in the quarter, Ador Multi Products has shown improvement in its overall score, increasing from 0 to 3 in the last three months. This indicates that the company has been able to make positive changes in its operations.


One of the key factors contributing to this improvement is the company’s earnings per share (EPS) for the quarter, which has been the highest in the last five quarters at Rs 4.24. This shows that Ador Multi Products has been able to generate higher earnings for its shareholders, indicating a strong financial performance.


Another positive aspect of the company’s financials is its debtors turnover ratio, which has been the highest in the last five half-yearly periods at 35.37 times. This means that Ador Multi Products has been able to collect payments from its debtors at a faster rate, improving its cash flow and financial stability.


Overall, Ador Multi Products has shown promising financial results for the quarter ending March 2024, with improvements in key areas such as EPS and debtors turnover ratio. Investors should keep an eye on the company’s future performance to make informed decisions.


{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News