Dhabriya Polywood Reports Positive Financial Results for Q1 2024, Shows Improvements in Key Areas

Dhabriya Polywood, a microcap company in the plastic products industry, has recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Dhabriya Polywood has shown positive performance in the quarter, with a score of 17 compared to 19 in the previous quarter. This indicates that the company's financials have improved in the last three months.

One of the key factors contributing to this positive performance is the company's ability to manage interest payments. Dhabriya Polywood has the highest operating profit to interest ratio of 7.82 times, which has been growing consistently over the last five quarters. This shows that the company's financial management is improving.

In terms of operating profit, Dhabriya Polywood has recorded its highest figure of Rs 9.23 crore in the last quarter, with a positive trend expected in the near future. Similarly, the company's profit before tax (PBT) has also shown a positive trend, with the highest figure of Rs 6.13 crore in the last quarter and a growth of 48.43% year on year.

The company's net sales have also been on an upward trend, with the highest figure of Rs 58.69 crore in the last five quarters. This indicates a positive sales trend in the near future. Additionally, Dhabriya Polywood's profit after tax (PAT) has also shown a growth of 50.0% year on year, with the highest figure of Rs 4.65 crore in the last quarter.

Overall, Dhabriya Polywood's financial performance in the last quarter has been quite positive, with increasing profitability and higher earnings per share (EPS) of Rs 4.30. This shows that the company is creating value for its shareholders and is on a positive growth trajectory.