BASF India Reports Strong Financial Performance in Q1 FY25, Reflecting Consistent Growth and High Cash Flow

Aug 07 2024 03:31 PM IST
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BASF India, a leading player in the pesticides and agrochemicals industry, has reported a strong financial performance for the quarter ending June 2024. The company's PBT and PAT have seen significant growth, along with a strong operating cash flow and improved efficiency. With a 'Strong Buy' stock call, BASF India's future looks promising.

BASF India, a leading player in the pesticides and agrochemicals industry, has recently announced its financial results for the quarter ending June 2024. The company has shown a very positive performance, with a score of 26, up from 22 in the last 3 months.

One of the key highlights of the financials is the significant growth in Profit Before Tax (PBT) and Profit After Tax (PAT). PBT has grown by 82.05% year on year, while PAT has seen a growth of 86.7% year on year. This indicates a strong and consistent performance by the company in the near term.


BASF India has also shown a strong operating cash flow, with the highest amount of Rs 807.24 crore generated annually in the last three years. This reflects the company’s ability to generate higher cash revenues from its business operations.


The company’s efficiency has also improved, as seen in the increase in Operating Profit Margin, which is currently at its highest at 7.88%. This trend has been consistent in the last five quarters.


In terms of sales, BASF India has recorded its highest net sales of Rs 3,966.90 crore in the last five quarters, indicating a positive trend in the near term. The company’s Operating Profit (PBDIT) has also seen a consistent growth in the last five quarters, with the highest amount of Rs 312.43 crore.


BASF India’s strong financial performance has also resulted in higher earnings for its shareholders, with the company’s Earnings per Share (EPS) at its highest at Rs 50.95 in the last five quarters.


The company’s short term liquidity has also improved, with the highest amount of Rs 624.28 crore in cash and cash equivalents in the last six half yearly periods. Additionally, BASF India has been distributing higher dividends to its shareholders, with the highest Dividend per Share (DPS) of Rs 15.00 in the last five years.


Overall, BASF India’s financial results for the quarter ending June 2024 have been very positive, showcasing the company’s strong performance and growth potential in the pesticides and agrochemicals industry. With a ‘Strong Buy’ stock call by MarketsMOJO, investors can be confident in the company’s future prospects.


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