Beardsell's Q3 Financial Results Show Growth

Operating Profit Margin (Excl OI) - Quarterly: Lowest at 6.48 % in the last five quarters and Decreased by 0.72 % (QoQ).Lower operating profit margin indicates lower profitability.

Beardsell, a microcap company in the chemicals industry, has recently declared its financial results for the quarter ended September 2023. The company has shown a positive performance in this quarter, with a growth of 5.21% in net sales and 26.97% in consolidated net profit, as compared to the previous quarter. This improvement can be attributed to a 9.66% growth in operating profit (PBDIT) and a 10.48% increase in interest.

The company's operating profit margin (excluding other income) has also improved in this quarter, indicating a positive trend. Beardsell's financial score has also increased from 8 to 13 in the last 3 months, showcasing its strong performance.

Some key highlights from the financial results include a 118.80% growth in profit after tax (PAT) on a half-yearly basis, and the highest operating cash flow of Rs 15.29 crore in the last three years. The company has also shown a positive trend in net sales, with the highest quarterly sales of Rs 60.15 crore in the last five quarters.

However, there are some areas that need improvement, such as the increasing interest cost and a decrease in operating profit margin (excluding other income). The company's debt-equity ratio has also decreased, indicating a reduction in borrowing as compared to equity capital.

Overall, Beardsell has shown a positive financial performance in the quarter ended September 2023, and its stock has been given a 'Hold' call by MarketsMOJO. Investors can keep an eye on the company's future performance to make informed decisions.