G M Breweries Reports Positive Q1 Results, Receives 'Hold' Call from MarketsMOJO

G M Breweries, a smallcap company in the breweries industry, has recently declared its financial results for the quarter ending June 2024. The company has received a 'Hold' call from MarketsMOJO, a leading financial analysis platform.

According to the financial report, G M Breweries has shown positive performance in the quarter, with a score of 12 out of 13. This is a slight decrease from the previous quarter, but the company has still maintained a strong financial position.

One of the key factors contributing to G M Breweries' success is its consistent dividend per share (DPS) growth over the last five years. The company has also reported its highest operating profit (PBDIT) in the last five quarters, indicating a positive trend in the near term. Additionally, the company's operating profit margin has improved, showcasing its efficiency.

However, there are some areas that need improvement for G M Breweries. The company's profit after tax (PAT) has fallen by 34.2% compared to the average of the previous four quarters. This is a concerning trend, and the company will need to address it in the near future. Moreover, the operating cash flow has also decreased in the last three years, indicating a decline in cash revenues from business operations.

Overall, G M Breweries has shown a positive financial performance in the quarter ending June 2024. While there are some areas that need improvement, the company's strong dividend growth and operating profit margin are promising signs for its future. Investors are advised to hold their positions in the company for now, as per MarketsMOJO's recommendation.