Gillanders Arbuthnot & Company Reports Negative Performance in Q1 FY25, Receives 'Strong Sell' Rating

Aug 02 2024 03:04 PM IST
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Gillanders Arbuthnot & Company's financial report for the quarter ending March 2024 shows a negative performance with a score of -8, an improvement from the previous quarter. The company's operating cash flow has been consistently decreasing over the last three years and its net sales have declined by 6.6%. The debt-equity ratio is also a cause for concern, with the company relying heavily on borrowing. Investors are advised to take note of the 'Strong Sell' call by MarketsMojo and carefully consider the company's financial performance before making any investment decisions.

Gillanders Arbuthnot & Company, a diversified microcap company, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Strong Sell’ call by MarketsMOJO.

According to the financial report, Gillanders Arbuthnot has seen a negative performance in the quarter, with a score of -8. However, this is an improvement from the previous quarter’s score of -15. The company’s operating cash flow has been consistently decreasing over the last three years, with the lowest being Rs 32.72 crore annually.


In terms of net sales, the company has seen a decline of 6.6% in the last quarter, with Rs 84.85 crore compared to the average net sales of the previous four quarters at Rs 90.82 crore. This indicates a negative trend in the company’s sales in the near term.


The debt-equity ratio of Gillanders Arbuthnot has also been a cause for concern, with it being the highest at 0.59 times in the last five half-yearly periods. This suggests that the company is relying more on borrowing to fund its operations, which may lead to a strained liquidity situation.


Overall, the financial results for the quarter ending March 2024 have not been favorable for Gillanders Arbuthnot & Company. Investors are advised to take note of the ‘Strong Sell’ call by MarketsMOJO and carefully consider the company’s financial performance before making any investment decisions.


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