Denis Chem Lab's Half Yearly PAT and Debtors Turnover Ratio show positive growth, but overall financial performance remains flat.

Despite a flat financial performance in the quarter ending Jun 2024, Denis Chem Lab has shown positive growth in its Profit After Tax (PAT) and Debtors Turnover Ratio. However, the company's Operating Profit and Profit Before Tax less Other Income have seen a decline in the last five quarters. This has resulted in a decrease in the company's score from 11 to 5 in the last 3 months, according to MarketsMOJO. The company's Half Yearly PAT has grown by 39.02% YoY, indicating a positive trend in the near term. Additionally, the Debtors Turnover Ratio has reached its highest at 5.30 times in the last five half yearly periods, showing that the company has been able to settle its Debtors faster. On the other hand, the company's Operating Profit and Operating Profit Margin have reached their lowest at Rs 4.35 cr and 10.54% respectively in the last five quarters. This suggests a decline in the company's efficiency. Similarly, the Profit Before Tax less Other Income has also reached its lowest at Rs 2.60 cr in the last five quarters, indicating a negative trend in the near term. The company's Earnings per Share have also decreased to Rs 1.50 in the last five quarters, showing a decline in profitability and lower earnings for shareholders. Overall, while Denis Chem Lab has shown positive growth in some areas, its overall financial performance for the quarter ending Jun 2024 has been flat. MarketsMOJO has given a 'Hold' call for the company's stock, suggesting a neutral stance for investors.