Kama Holdings' Financial Performance Declines in Q3, Receives 'Strong Sell' Stock Call

Kama Holdings, a midcap finance company, has recently declared its financial results for the quarter ending September 2024. The company has received a 'Strong Sell' stock call from MarketsMOJO, indicating a negative outlook for its stock performance.

According to the financial report, Kama Holdings has seen a decline in its financial performance for the quarter, with a score of -15 compared to -11 in the previous quarter. This is a cause for concern for investors and stakeholders.

The company's Profit Before Tax (PBT) less Other Income has fallen by 34.26% year on year, while the Profit After Tax (PAT) has also decreased by 31.3% year on year. The company's operating cash flow has also seen a significant decline, with the lowest figure in the last three years.

Kama Holdings' operating profit (PBDIT) for the quarter is at its lowest in the last five quarters, and the operating profit margin has also deteriorated. The company's efficiency has been affected, and the near term trend for PBT is negative.

The earnings per share (EPS) for the quarter is also at its lowest in the last five quarters, indicating a decline in profitability and lower earnings for shareholders. The company's short term liquidity is also deteriorating, with the lowest cash and cash equivalents in the last six half yearly periods.

It is worth noting that Kama Holdings has seen an increase in its non-operating income, but this may not be sustainable in the long run. Overall, the financial results for the quarter ending September 2024 do not paint a positive picture for Kama Holdings, and investors should be cautious while making any investment decisions.