Cil Securities Reports Flat Performance in Q1 FY25, Positive Sales Growth but Concerns Remain

Aug 12 2024 03:36 PM IST
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Cil Securities, a microcap finance company, has reported a flat performance for the quarter ending June 2024, with a score of 3 out of 10. However, its net sales have shown a growth of 36.97% year on year, indicating a positive trend. Concerns arise from the company's low cash and cash equivalents and a 'Sell' call from MarketsMojo.

Cil Securities, a microcap finance company, has recently announced its financial results for the quarter ending June 2024. The company has reported a flat performance for the quarter, with a score of 3 out of 10, a decrease from its previous score of 6 in the last 3 months.

Despite this, there are some positive aspects to Cil Securities’ financials. The company’s net sales for the half-yearly period have shown a growth of 36.97% year on year, reaching Rs 5.52 crore. This indicates a positive trend in the company’s sales in the near term.


However, there are also some concerns regarding the company’s financials. Cil Securities’ cash and cash equivalents for the half-yearly period are at their lowest in the last six periods, at Rs 7.60 crore. This suggests a deterioration in the company’s short-term liquidity.


MarketsMOJO, a leading financial analysis platform, has given a ‘Sell’ call for Cil Securities’ stock based on its financial performance. As a microcap company in the finance/NBFC industry, Cil Securities will need to address its financial challenges in order to improve its overall performance and investor confidence.


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