Allcargo Logistics Reports Negative Financial Performance in Q4 2023, Stock Call 'Sell' by MarketsMOJO.

Allcargo Logistics, a midcap logistics company, recently announced its financial results for the quarter ending December 2023. According to MarketsMOJO, a leading stock analysis platform, the stock call for Allcargo Logistics is 'Sell'.

The company has seen a very negative financial performance in the quarter, with a score of -29, which has slightly improved from -30 in the last three months. This indicates a decline in profitability and efficiency for the company.

One of the major factors contributing to this negative performance is the Profit Before Tax (PBT) less Other Income, which has fallen by -176.1% compared to the average PBT of the previous four quarters. The Profit After Tax (PAT) has also seen a significant decline of -135.2% compared to the average PAT of the previous four quarters.

The Operating Profit (PBDIT) has been consistently falling in the last five quarters, indicating a negative trend in the company's profitability. The same can be seen in the PBT and PAT, which have also been declining each quarter.

The company's net sales have also been on a downward trend, with the lowest recorded at Rs 3,211.59 crore in the last five quarters. This is a decrease of -8.9% compared to the average net sales of the previous four quarters.

The Operating Profit Margin, which measures the company's efficiency, has also reached its lowest point at 3.46% in the last five quarters. This indicates a deterioration in the company's efficiency.

The Earnings per Share (EPS) has also seen a decline, with the lowest recorded at Rs 0.11 in the last five quarters. This shows that the company has created lower earnings for its shareholders.

Overall, the financial results for the quarter ending December 2023 have not been favorable for Allcargo Logistics. The company's profitability, efficiency, and sales have all seen a decline, leading to a 'Sell' call by MarketsMOJO.