Helpage Finlease's Q4 financials show mixed results, with higher PAT but lower PBT and EPS

Helpage Finlease, a microcap finance company, recently announced its financial results for the quarter ended March 2024. The company's performance has been relatively flat, with a score of -1 compared to 3 in the previous quarter.

However, there are some positive aspects to the financials. Helpage Finlease's Profit After Tax (PAT) for the nine-month period was higher at Rs 0.76 crore compared to the previous 12-month period of Rs 0.59 crore. This indicates that the company has already surpassed its sales from the previous year in just nine months.

On the other hand, there are also some areas of concern. The company's Profit Before Tax less Other Income (PBT) for the quarter was at its lowest in the last five quarters at Rs 0.06 crore. This suggests a negative trend in the near term. Additionally, the company's Earnings per Share (EPS) for the quarter was also at its lowest in the last five quarters at Rs 0.03. This indicates a decline in profitability and lower earnings for shareholders.

MarketsMOJO has given a 'Sell' call for Helpage Finlease's stock. It is important for investors to carefully analyze the company's financial performance and make informed decisions. As a microcap finance company, Helpage Finlease may have potential for growth, but it is important to consider all factors before making any investment decisions.