Bhagiradha Chem. Reports Mixed Financial Performance in Q1 FY25

Aug 02 2024 06:30 PM IST
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Bhagiradha Chem. has reported a low debt to equity ratio of 0.01 in the last five quarters, indicating a conservative financial structure. However, the company's revenue has declined by 3.6% in the quarter ending Jun 2024, which may raise concerns. MarketsMojo has given a 'Hold' call for the stock, suggesting a neutral stance.

Debt to Equity Ratio – Quarterly: Highest at 0.01 in the last five quarters.The company has a low debt to equity ratio, indicating a conservative financial structure. However, it may limit the company’s ability to raise funds for expansion.

Revenue – Quarterly: At Rs 33.72 cr, has declined by 3.6% over the previous quarter of Rs 35.00 cr.The company’s revenue has shown a slight decline, which may be a cause for concern.


Overall, Bhagiradha Chem. has shown a mixed financial performance in the quarter ending Jun 2024. While there are some positive indicators such as increasing operating cash flow and improving profitability, there are also some concerns such as declining revenue and reliance on non-operating income. MarketsMOJO has given a ‘Hold’ call for the stock, indicating a neutral stance. Investors may want to closely monitor the company’s financial performance in the upcoming quarters to make informed decisions.


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