IFB Agro Industries Reports Mixed Performance in Q1 FY25 Financial Results

IFB Agro Industries, a microcap company in the breweries industry, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, IFB Agro Inds. has shown a flat performance in the quarter, but there has been an improvement in its overall score from -19 to 5 in the last three months. The company’s Profit Before Tax (PBT) has grown by 215.26% year on year, with a positive trend in the near term. Similarly, the Profit After Tax (PAT) has also shown a significant growth of 338.9% year on year, with a positive trend in the near term.

IFB Agro Inds. has also seen a positive trend in its Net Sales, with the highest sales of Rs 265.23 crore in the last five quarters. The company’s Operating Profit (PBDIT) has also been at its highest in the last five quarters, indicating a positive trend. The Operating Profit Margin has also improved, reaching its highest at 3.52% in the last five quarters, showing an increase in the company’s efficiency.

However, the company’s Operating Cash Flow has been consistently falling in the last three years, with the lowest at Rs -31.60 crore annually. Additionally, the Non-Operating Income is 51.22% of the Profit Before Tax, which suggests that the company’s income from non-business activities is high and may not be a sustainable business model.

Overall, IFB Agro Industries has shown a mixed performance in the quarter ending March 2024, with some positive trends in its financials. Investors should carefully consider these factors before making any investment decisions.