Dreamfolks Services' Q1 FY25 financials show mixed results, with highest net sales but concerns over non-operating income

Dreamfolks Services, a smallcap company in the travel services industry, recently announced its financial results for the quarter ending June 2024. According to the report released on August 8, 2024, the company has seen a flat performance in this quarter. This has resulted in a decrease in its score from 7 to 4 in the last three months.

Despite this, there are some positive aspects to Dreamfolks Services’ financials for the quarter. The company’s net sales for the quarter were the highest in the last five quarters, at Rs 320.80 crore. This indicates a positive trend in its sales in the near term. Additionally, the company has been able to settle its debtors faster, with a debtors turnover ratio of 4.28 times in the last five half-yearly periods.

However, there are also some areas of concern in Dreamfolks Services’ financials for the quarter. Its non-operating income for the quarter was the highest in the last five quarters, at Rs 1.75 crore. While this may seem like a positive, it is important to note that this income is from non-business activities and may not be sustainable in the long run.

Based on these financial results, MarketsMOJO has given a ‘Sell’ call for Dreamfolks Services’ stock. It is important for investors to carefully consider these factors before making any investment decisions.