Jamna Auto Industries Reports Negative Financial Results, Stock Call 'Sell' by MarketsMOJO

Despite being a smallcap company in the auto ancillary industry, Jamna Auto Industries has recently reported negative financial results for the quarter ending September 2024. The company's score has fallen to -13 from 1 in the last 3 months, according to MarketsMOJO's stock call of 'Sell'. However, there are some positive aspects to the company's financial performance. Jamna Auto Industries has consistently distributed higher dividends to its shareholders, with the highest dividend per share (DPS) of Rs 2.20 and a growth in each of the last five years. This indicates that the company is generating profits and sharing them with its investors. On the other hand, there are some concerning factors in the company's financials. The profit after tax (PAT) for the quarter has fallen by -20.6% year on year (YoY), and the net sales have also decreased by -15.57% YoY. The profit before tax less other income (PBT) has also seen a decline of -18.96% YoY. These negative trends in the near term suggest that the company's financial performance may continue to suffer. Moreover, the operating profit (PBDIT) and operating profit margin have also hit their lowest points in the last five quarters, indicating a decline in the company's efficiency. The earnings per share (EPS) have also decreased to its lowest point in the last five quarters, showing a decline in profitability and lower earnings for shareholders. In conclusion, while Jamna Auto Industries may have some positive aspects in its financials, the recent negative trends and stock call of 'Sell' by MarketsMOJO suggest that the company's performance may not be favorable for investors in the near term.