Emami Realty Ltd's Q3 financials show mixed results, with positive trends in profitability but negative sales trend.

Nov 14 2024 05:20 PM IST
share
Share Via
Emami Realty Ltd, a microcap company in the construction and real estate industry, has declared its financial results for the quarter ending September 2024. While the company's operating profit, profit before tax, and profit after tax have shown positive trends, net sales and operating cash flow have declined. Investors should carefully evaluate these factors before investing.

Emami Realty Ltd, a microcap company in the construction and real estate industry, 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 financials, Emami Realty Ltd has seen a negative performance in the quarter, with a score of -14 compared to -11 in the previous quarter. However, there are some positive aspects to the company's financials. The operating profit (PBDIT) for the quarter is the highest in the last five quarters at Rs -3.48 crore, indicating a positive trend in the near term. Similarly, the profit before tax (PBT) and profit after tax (PAT) are also at their highest in the last five quarters, showing a positive trend in the near term. The earnings per share (EPS) have also increased, indicating higher profitability and value for shareholders.

On the other hand, there are some areas where Emami Realty Ltd needs to improve. The net sales for the quarter have fallen by -55.4% compared to the average of the previous four quarters, indicating a very negative sales trend in the near term. The operating cash flow has also been consistently falling in the last three years, with the lowest being Rs -58.83 crore in the last year. Additionally, the interest cost has increased by 26.66% in the last nine months, indicating a rise in borrowings.

Overall, Emami Realty Ltd's financial performance for the quarter ending September 2024 has been mixed, with some positive and negative aspects. Investors should carefully consider these factors before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News