CHL's Financial Report Shows Mixed Results for Quarter Ending September 2024

Nov 14 2024 09:47 AM IST
share
Share Via
CHL, a microcap company in the hotel, resort, and restaurant industry, reported a flat performance for the quarter ending September 2024 with a score of 5 out of 10. However, the Debtors Turnover Ratio has improved, indicating faster debt settlement. The Profit After Tax has decreased significantly, suggesting a negative trend in the near term.

CHL, a microcap company in the hotel, resort, and restaurant industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' rating by MarketsMOJO.

According to the financial report, CHL's performance for the quarter was flat, with a score of 5 out of 10. This is a decrease from the previous quarter's score of 8. However, there are some positive aspects to the company's financials.

One of the highlights is the Debtors Turnover Ratio, which is at its highest in the last five half-yearly periods at 23.28 times. This indicates that CHL has been able to settle its debtors at a faster rate.

On the other hand, the Profit After Tax (PAT) for the quarter was at Rs -2.27 crore, a significant decrease of -223.4% compared to the average PAT of the previous four quarters, which was Rs 1.84 crore. This suggests a negative trend in the near term for CHL's PAT.

Despite the mixed financial results, CHL remains a microcap company in the hotel, resort, and restaurant industry. Investors should carefully consider all available information before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
CHL Ltd is Rated Strong Sell
Dec 25 2025 12:57 PM IST
share
Share Via
Why is CHL falling/rising?
Dec 13 2025 01:07 AM IST
share
Share Via
How has been the historical performance of CHL?
Nov 12 2025 11:16 PM IST
share
Share Via
Are CHL latest results good or bad?
Nov 11 2025 07:33 PM IST
share
Share Via