DCM Nouvelle's Q2 FY25 Financial Report Shows Mixed Results, PAT Up 184%

DCM Nouvelle, a microcap textile company, has recently declared its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Strong Sell’ call by MarketsMOJO.

According to the financial report, DCM Nouvelle’s performance for the quarter has been flat, with a score of 4 out of 10, a decrease from the previous score of 8 in the last 3 months. However, there are some positive aspects to the company’s financials.

The company’s Profit After Tax (PAT) for the half-yearly period has shown a significant growth of 184.15% year on year, reaching Rs 4.68 crore. This is also higher than the PAT for the previous 12-month period, which was at Rs -3.27 crore. Additionally, the company’s Earnings per Share (EPS) for the quarter have been the highest in the last five quarters, at Rs 4.11, indicating a positive trend in profitability and creating higher earnings for shareholders.

On the other hand, there are some areas of concern for DCM Nouvelle. The company’s Operating Cash Flow for the year has been consistently falling, with the latest figure at Rs -46.08 crore. The interest cost has also increased, indicating higher borrowings. Moreover, the company’s net sales for the quarter have been the lowest in the last five quarters, with a negative trend in the near term.

Overall, DCM Nouvelle’s financial performance for the quarter has been mixed, with some positive and negative aspects. Investors are advised to carefully consider these factors before making any investment decisions.