B N Rathi Securities Reports Positive Q2 Results, Receives 'Sell' Call from MarketsMOJO

B N Rathi Securities, a microcap finance and NBFC company, has recently announced its financial results for the quarter ending September 2024. The company has received a 'Sell' call from MarketsMOJO, a leading financial analysis platform.

According to the financial report, B N Rathi Securities has shown positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 13 to 12 in the last three months.

The company's net sales for the quarter were at its highest in the last five quarters, standing at Rs 14.37 crore. The operating profit (PBDIT) also saw a significant increase, reaching its highest at Rs 2.75 crore. The operating profit margin has also improved, reaching its highest at 19.14%. The profit before tax (PBT) and profit after tax (PAT) have also shown positive trends, with the highest figures in the last five quarters.

However, there are some areas of concern for B N Rathi Securities. The non-operating income for the quarter was 54.94% of the PBT, indicating a high reliance on non-business activities. The company's cash and cash equivalents have also decreased, raising concerns about short-term liquidity. The dividend payout ratio has also been consistently low in the last five years.

Despite these challenges, B N Rathi Securities has shown promising financial results for the quarter ending September 2024. Investors should carefully consider all factors before making any investment decisions.