Century Extrusions Reports Mixed Performance in Q2 2024, with Lowest Net Profit and Operating Profit Margin in Five Quarters

Net Profit - Quarterly: Lowest at Rs 0.05 cr in the last five quarters. The company has reported a decline in profits.
Operating Profit Margin - Quarterly: Lowest at 6.24% in the last five quarters. The company's profitability has decreased.
Inventory Turnover Ratio - Half Yearly: Lowest at 3.01 times in the last five half yearly periods. The company is facing challenges in managing its inventory efficiently.

Century Extrusions, a microcap company in the aluminium and aluminium products industry, recently announced its financial results for the quarter ending September 2024. The stock call by MarketsMOJO for the company is 'Sell'.

According to the financials, Century Extrusions has seen a flat performance in the second quarter of the fiscal year 2024-2025, with a score of 5 out of 10, which has decreased from 10 in the last 3 months.

However, there are some positive aspects to the company's financials. The net sales for the quarter were the highest in the last five quarters, at Rs 106.50 crore, and the near-term sales trend is positive. The operating profit (PBDIT) for the quarter was also the highest in the last five quarters, at Rs 6.65 crore, and the near-term trend is positive as well. The company's short-term liquidity is also improving, with the highest cash and cash equivalents in the last six half-yearly periods.

On the other hand, there are some areas of concern for Century Extrusions. The interest cost for the quarter was the highest in the last five quarters, at Rs 2.64 crore, and has increased by 17.33% compared to the previous quarter. This indicates increased borrowings by the company. The net profit for the quarter was the lowest in the last five quarters, at Rs 0.05 crore, showing a decline in profits. The operating profit margin for the quarter was also the lowest in the last five quarters, at 6.24%, indicating a decrease in profitability. The company is also facing challenges in managing its inventory efficiently, with the lowest inventory turnover ratio in the last five half-yearly periods.

Overall, the financial results for the quarter ending September 2024 show a mixed performance for Century Extrusions. Investors should carefully consider these factors before making any investment decisions.