International Travel House Shows Positive Financial Results for Q2 FY25

International Travel House, a microcap company in the travel services 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, the company has shown a flat performance in the quarter, but there has been an improvement in its score from -5 to 1 in the last three months. This indicates a positive trend for the company.

One of the key factors contributing to this improvement is the company’s operating profit (PBDIT) which has been the highest in the last five quarters at Rs 9.56 crore. The near-term trend for operating profit is also positive. Similarly, the profit before tax less other income (PBT) has been the highest in the last five quarters at Rs 7.65 crore, with a positive trend in the near term. The profit after tax (PAT) has also shown a positive trend, with the highest figure of Rs 6.71 crore in the last five quarters. This indicates that the company is creating higher earnings for its shareholders.

Another positive aspect of the company’s financials is its earnings per share (EPS), which has been the highest at Rs 8.40 in the last five quarters. This shows an increasing profitability for the company and its ability to generate higher earnings for its shareholders.

In terms of liquidity, the company’s cash and cash equivalents have been the highest in the last six half-yearly periods at Rs 18.27 crore. This indicates an improvement in short-term liquidity for the company. Additionally, the debtors turnover ratio has been the highest at 3.51 times in the last five half-yearly periods, showing that the company has been able to settle its debtors faster.

Overall, the financial results for the quarter ending September 2024 show a positive trend for International Travel House. With its improving profitability and liquidity, the company is on track to achieve its financial goals.