G R Infraprojects reports mixed financial results for Q1 FY25, with strengths and areas of concern

G R Infraprojects, a midcap company in the capital goods industry, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financials, G R Infraprojects has seen a negative performance in the quarter, with a score of -12 compared to 0 in the previous quarter. However, there are some positive aspects to the company’s financials.

One of the strengths of G R Infraprojects is its Debtors Turnover Ratio, which has been consistently growing each half year and is currently at a high of 29.17 times. This indicates that the company has been able to settle its debtors at a faster rate. Additionally, the Debt-Equity Ratio has been decreasing over the last five half yearly periods, showing that the company has been reducing its borrowing in comparison to its equity capital.

On the other hand, there are some areas of concern in the financials. The Profit Before Tax less Other Income (PBT) has fallen by 24% compared to the average of the previous four quarters, and the Profit After Tax (PAT) has also decreased by 29.5%. The Net Sales have also seen a decline of 9.6% compared to the average of the previous four quarters. The Operating Profit (PBDIT) and Operating Profit Margin are at their lowest in the last five quarters, indicating a negative trend in the company’s efficiency. The Earnings per Share (EPS) have also decreased, showing a decline in profitability and lower earnings for shareholders.

Overall, G R Infraprojects has shown a mixed performance in the quarter ending June 2024. While there are some positive aspects, there are also areas of concern that the company needs to address in order to improve its financial performance. Investors are advised to hold their stock and monitor the company’s progress in the upcoming quarters.