Are Nagpur Power latest results good or bad?

Nagpur Power & Industries has released its financial results for the quarter ending December 2024, which reflect a mix of operational trends. The company reported net sales of Rs 32.54 crore, indicating a year-on-year growth of 46.18%. This suggests that Nagpur Power has been able to enhance its sales performance significantly compared to the previous year. Additionally, the inventory turnover ratio has improved to 5.02 times, demonstrating more efficient inventory management over the last five half-year periods.
However, the results also reveal challenges faced by the company. The profit after tax (PAT) for the quarter was Rs -2.62 crore, which represents a notable decline compared to the average PAT of Rs 0.57 crore from the previous four quarters. This decline in profitability is further highlighted by the earnings per share (EPS), which fell to Rs -2.00. Furthermore, the debtors turnover ratio decreased to 2.36 times, indicating a slowdown in the company’s ability to collect payments from its debtors.

In light of these results, Nagpur Power experienced an adjustment in its evaluation over the past three months. Overall, the financial data presents a complex picture of growth in sales alongside significant challenges in profitability and operational efficiency.