Inventure Growth & Securities Reports Negative Q2 Results, Cash Reserves Improve

Inventure Growth & Securities, a microcap finance company, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' rating by MarketsMOJO.

According to the financials, Inventure Growth & Securities has seen a negative performance in the second quarter of the fiscal year 2024-25. The company's score has fallen from 21 to -7 in the last three months.

However, there are some positive aspects to the company's financials. In terms of cash and cash equivalents, Inventure Growth & Securities has recorded its highest amount in the last six half-yearly periods at Rs 163.20 crore. This indicates an improvement in short-term liquidity.

On the other hand, there are some concerning factors as well. The company's net sales for the quarter have fallen by 34.6% compared to the average net sales of the previous four quarters. This shows a negative trend in near-term sales.

Similarly, the company's profit before tax less other income (PBT) has also seen a significant decline of 147.4% compared to the average PBT of the previous four quarters. The same trend is seen in the company's profit after tax (PAT), which has fallen by 139.3%.

In addition, Inventure Growth & Securities has also recorded its lowest net sales and operating profit in the last five quarters. The company's operating profit margin has also decreased, indicating a decline in efficiency.

Moreover, the company's earnings per share (EPS) have also decreased, showing a decline in profitability and lower earnings for shareholders. The debt-equity ratio of the company has also increased, indicating a higher borrowing to fund its operations.

Overall, Inventure Growth & Securities' financial performance for the quarter ending September 2024 has been negative, with some concerning factors that investors should take into consideration.