Anjani Portland Cement Reports Negative Financial Results for Q1 FY25

Anjani Portland Cement, a microcap cement company, has recently declared its financial results for the quarter ending March 2024. The stock has been given a ‘Strong Sell’ call by MarketsMOJO.

According to the financial report, Anjani Portland has seen a negative performance in the quarter, with a score of -18 compared to 2 in the previous quarter. This decline can be attributed to various factors, including a decrease in net sales, profit before tax, and profit after tax.

The net sales for the quarter were at Rs 115.78 crore, which is a decrease of 25.8% compared to the average net sales of the previous four quarters. This indicates a negative trend in the company’s sales in the near term.

Similarly, the profit before tax (PBT) has also fallen by 67.3% compared to the average PBT of the previous four quarters. The company’s ability to manage interest payments has also deteriorated, with the operating profit to interest ratio being the lowest in the last five quarters.

The operating profit margin has also decreased to -1.73%, indicating a decline in the company’s efficiency. The earnings per share (EPS) and dividend per share (DPS) have also seen a significant decrease, with the company distributing lower dividends than in previous years.

Overall, Anjani Portland Cement’s financial performance for the quarter ending March 2024 has been negative, with various factors contributing to this decline. Investors should carefully consider these financials before making any investment decisions.