Daulat Securities Reports Strong Financial Performance in Q1 FY25, Investors Advised to Monitor Liquidity

Daulat Securities, a microcap finance and non-banking financial company (NBFC), has recently announced its financial results for the quarter ended June 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financials, Daulat Securities has shown a positive performance in the quarter, with a score of 16, which is an improvement from the previous score of 7 in the last three months. This indicates a strong growth trend for the company.

One of the key factors contributing to this positive performance is the Profit Before Tax less Other Income (PBT) for the quarter, which has grown by 250.4% compared to the average PBT of the previous four quarters. The Profit After Tax (PAT) has also shown a significant growth of 328.6% compared to the average PAT of the previous four quarters. This indicates a strong financial performance for the company in the near term.

Additionally, the Operating Profit (PBDIT) for the quarter is the highest in the last five quarters, showing a positive trend in the near term. The PBT and PAT for the quarter are also the highest in the last five quarters, indicating a positive trend in the company’s profitability.

However, the company’s Cash and Cash Equivalents for the half-yearly period is at its lowest in the last six periods, indicating a deteriorating short-term liquidity. This is something that the company may need to address in the near future.

Overall, Daulat Securities has shown a strong financial performance in the quarter ended June 2024, with a positive trend in key financial indicators. Investors may want to keep an eye on the company’s liquidity situation in the near term.