Cupid's Financial Results Show Strong Growth in Q1 FY25, Positive Trend for Near Term

Cupid, a smallcap company in the rubber products industry, has recently announced its financial results for the quarter ending March 2024. The company has shown a very positive performance, with its score improving from -1 to 24 in the last 3 months.

One of the key factors contributing to this growth is the increase in Profit Before Tax less Other Income (PBT) which has grown by 305.3% to Rs 29.23 crore compared to the average PBT of the previous four quarters which was Rs 7.21 crore. This indicates a very positive trend in the near term for PBT.

Similarly, the Profit After Tax (PAT) has also shown a significant growth of 287.6% to Rs 23.72 crore compared to the average PAT of the previous four quarters which was Rs 6.12 crore. This is a very positive trend for PAT in the near term.

The company’s Net Sales have also seen a growth of 64.2% to Rs 62.90 crore compared to the average Net Sales of the previous four quarters which was Rs 38.30 crore. This is the highest net sales in the last five quarters, indicating a positive trend in the near term.

Cupid’s Operating Profit (PBDIT) has also shown a positive trend, with the highest at Rs 30.91 crore in the last five quarters. The Operating Profit Margin has also improved, reaching the highest at 49.14% in the last five quarters, indicating an increase in the company’s efficiency.

The company’s profitability has also increased, with the highest PBT and PAT in the last five quarters. The Earnings per Share (EPS) have also shown an upward trend, reaching the highest at Rs 17.68 in the last five quarters. This indicates that the company has created higher earnings for its shareholders.

Based on these financial results, MarketsMOJO has given a ‘Hold’ call for Cupid’s stock. With a positive trend in its financial performance, Cupid is showing promising growth in the near term.