Gujarat Intrux Reports Positive Financial Results for Q2 FY25, Strong Dividend Payout Ratio

Gujarat Intrux, a microcap company in the steel/sponge iron/pig iron industry, has recently announced its financial results for the quarter ending September 2024. The stock call by MarketsMOJO for the company is ‘Hold’.

According to the financials, Gujarat Intrux has shown positive performance in the quarter, with a score of 16 compared to 18 in the previous quarter. The company has also seen a steady increase in its operating cash flow, with the highest amount of Rs 1.46 crore in the last three years. This indicates that the company has been able to generate higher cash revenues from its business operations.

Another positive aspect for Gujarat Intrux is its dividend payout ratio (DPR), which has been consistently increasing over the last five years and is currently at its highest at 78.76%. This shows that the company is distributing a higher proportion of its profits as dividends to its shareholders.

In terms of sales, the company has recorded its highest net sales of Rs 16.40 crore in the last five quarters, indicating a positive trend in the near term. The same can be seen for its operating profit (PBDIT), profit before tax (PBT) less other income, and profit after tax (PAT), which have all shown an upward trend in the last five quarters.

Furthermore, Gujarat Intrux has also been able to create higher earnings for its shareholders, with the highest earnings per share (EPS) of Rs 7.85 in the last five quarters. The company has also been distributing a higher dividend per share (DPS) of Rs 17.00 in the last five years.

Overall, the financial results for the quarter ending September 2024 show positive performance for Gujarat Intrux, with increasing profitability and a strong track record of distributing dividends to its shareholders.