Cyient DLM's Q2 FY25 Financial Results Show Mixed Performance, MarketsMOJO Suggests 'Sell' Rating
Cyient DLM, a midcap company in the electronics-components industry, has recently declared its financial results for the quarter ending September 2024. According to the data released on October 21, 2024, the company has seen a flat financial performance in the quarter.
Despite this, there are some positive aspects to the financials of Cyient DLM. The company’s net sales for the quarter were the highest in the last five quarters, at Rs 389.43 crore. This is a 26.4% growth over the average net sales of the previous four quarters. The near-term sales trend is also positive.
However, there are some areas of concern for the company. The interest cost for the quarter has increased by 36.61% quarter-on-quarter, indicating increased borrowings. The company’s operating cash flow for the year is at its lowest in the last three years, indicating a decline in cash revenues from business operations. Additionally, the non-operating income for the quarter is 33.92% of the profit before tax, which is not a sustainable business model.
Based on these financials, MarketsMOJO has given a ‘Sell’ call for Cyient DLM’s stock. Investors should carefully consider these factors before making any investment decisions.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
