Bhageria Industries reports positive financial results for Q2 2024, with growth in PAT and Net Sales.

Bhageria Industries, a microcap company in the dyes and pigments industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Bhageria Industries has shown positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 11 to 10 in the last three months.

One of the major highlights of the financial report is the significant growth in Profit After Tax (PAT) for the half-yearly period, which has increased by 210.17% year on year. This positive trend in PAT is a good sign for the company's financial health.

Another positive aspect is the growth in Net Sales for the half-yearly period, which has increased by 20.78% year on year. This indicates a positive sales trend in the near term for Bhageria Industries.

The company has also shown growth in Profit Before Tax less Other Income (PBT) for the quarterly period, with a 37.6% increase over the average PBT of the previous four quarters. This shows a positive trend in PBT in the near term.

However, there are some areas that need improvement for Bhageria Industries. The company's Operating Cash Flow for the annual period has been consistently falling in the last three years, with the lowest being Rs 22.92 crore. This indicates a decline in cash revenues from business operations.

Additionally, the company's Non-Operating Income for the quarterly period is 39.22% of the Profit Before Tax (PBT). This suggests that the company's income from non-business activities is high, which may not be a sustainable business model.

Overall, Bhageria Industries has shown positive financial performance in the recent quarter, but there are some areas that need attention for sustained growth in the future. Investors are advised to hold their stocks for now, as per the recommendation by MarketsMOJO.