Brookfield India Reports Strong Financial Performance in Q1 FY25, MarketsMOJO Advises 'Hold'

Aug 08 2024 06:07 PM IST
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Brookfield India Real Estate Trust, a midcap company in the miscellaneous industry, has reported a strong financial performance for the quarter ending in June 2024. The company has shown significant growth in key areas such as PBT, PAT, Operating Cash Flow, and Net Sales. However, there are some concerns regarding increased borrowings and a high percentage of non-operating income. Investors are advised to hold their stocks in Brookfield India for now.

Brookfield India Real Estate Trust, a midcap company in the miscellaneous industry, has recently announced its financial results for the quarter ending in June 2024. The stock call for the company by MarketsMOJO is ‘Hold’.

According to the financials, Brookfield India has shown a very positive performance in the quarter, with a score of 26 compared to -3 in the previous 3 months. The company has seen significant growth in various aspects, such as Profit Before Tax (PBT), Profit After Tax (PAT), Operating Cash Flow, and Net Sales.


The PBT for the quarter has grown by 1434.6% compared to the average PBT of the previous four quarters. Similarly, the PAT has shown a growth of 3960.5% compared to the average PAT of the previous four quarters. The company has also generated higher cash revenues from its business operations, with the Operating Cash Flow being the highest in the last three years.


The Net Sales for the quarter have also shown a positive trend, with a growth of 28.9% compared to the average Net Sales of the previous four quarters. The Operating Profit (PBDIT) has also shown a positive trend, with a growth in each of the last five quarters.


However, there are some areas that need improvement for Brookfield India. The interest cost has increased by 20.62% compared to the previous half-yearly period, indicating increased borrowings. The Debt-Equity Ratio is also at its highest in the last five half-yearly periods, which may suggest a stressed liquidity situation for the company. Additionally, the Non-Operating Income is 34.73% of the PBT, which is a high percentage and may not be a sustainable business model.


Overall, Brookfield India has shown a positive financial performance in the quarter ending in June 2024. The company has seen growth in various aspects, but there are also some areas that need improvement. Investors are advised to hold their stocks in Brookfield India for now, as per the stock call by MarketsMOJO.


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