Hawkins Cookers' Q2 financial report shows steady growth in operating cash flow and net sales, but PBT and debtors turnover ratio need improvement.

Nov 09 2024 04:55 PM IST
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Hawkins Cookers, a leading domestic appliances company, has reported a flat performance in the second quarter of fiscal year 2024-2025. However, the company's operating cash flow and net sales have shown positive trends. On the other hand, the profit before tax has decreased and the debtors turnover ratio has slowed. MarketsMojo has given a 'Hold' call for the company's stock.

Hawkins Cookers, a leading domestic appliances company, has recently declared its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Hawkins Cookers has seen a flat performance in the second quarter of the fiscal year 2024-2025. The company's score has fallen from 10 to 2 in the last three months.

However, there are some positive aspects to the company's financials. The operating cash flow for the year has been the highest at Rs 174.26 crore and has grown consistently over the last three years. Additionally, the net sales for the quarter have also been the highest at Rs 295.85 crore, showing a positive trend in the near term.

On the other hand, there are some areas that need improvement for Hawkins Cookers. The profit before tax less other income (PBT) for the quarter has fallen by -5.57% year on year, standing at Rs 42.39 crore. The company's pace of settling its debtors has also slowed, with the debtors turnover ratio being the lowest at 19.85 times in the last five half-yearly periods.

Despite the mixed financial results, MarketsMOJO has given a 'Hold' call for Hawkins Cookers' stock. As a smallcap company in the domestic appliances industry, Hawkins Cookers continues to strive for growth and improvement in its financial performance.
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