EMA India's Q2 FY25 financials show positive trend, but 'Sell' call by MarketsMOJO raises concerns

EMA India, a microcap company in the engineering industry, recently announced its financial results for the quarter ending September 2024. The results, declared on November 14, 2024, have been met with a ‘Sell’ call by MarketsMOJO.

Despite a flat financial performance in Q2 FY24-25, EMA India has shown improvement with a score of 4, up from -3 in the last 3 months. This indicates a positive trend for the company.

Based on the September 2024 financials, EMA India has some strengths working in its favor. The company’s operating profit (PBDIT) for the quarter was the highest in the last five quarters at Rs -0.10 cr. The near-term trend for operating profit is also positive. Similarly, the profit before tax less other income (PBT) and profit after tax (PAT) for the quarter were the highest in the last five quarters at Rs -0.11 cr. The near-term trend for both PBT and PAT is also positive. Additionally, the earnings per share (EPS) for the quarter were the highest in the last five quarters at Rs -1.09, indicating an increase in profitability and higher earnings for shareholders.

Overall, EMA India’s financial results for the quarter ending September 2024 show some promising signs for the company. However, it is important to note that MarketsMOJO has given a ‘Sell’ call for the stock, which may be a cause for concern for potential investors.