Keltech Energies Reports Flat Performance in Q2, PAT Increases by 41.1%

Keltech Energies, a microcap company in the chemicals industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Keltech Energies has shown a flat performance in the second quarter of the fiscal year 2024-2025. However, there has been an improvement in the company's score from 2 to 3 in the last three months.

One of the positive aspects of the company's financials is the growth in Profit After Tax (PAT) which has increased by 41.1% year on year, reaching Rs 5.56 crore. The company has also generated a high amount of operating cash flow of Rs 51.20 crore annually in the last three years.

On the other hand, there are some areas that need improvement for Keltech Energies. The company's operating profit (PBDIT) for the quarter is at its lowest in the last five quarters, standing at Rs 7.37 crore. This has resulted in a decrease in the operating profit margin, which is now at 7.19%. Additionally, the company's profit before tax (PBT) has also decreased, reaching its lowest at Rs 4.55 crore in the last five quarters. The non-operating income of the company is also high, at 35.09% of the PBT, which may not be sustainable in the long run. Furthermore, Keltech Energies has a low dividend payout ratio of 0.77% in the last five years, indicating that the company is distributing a lower proportion of its profits as dividends.

Overall, Keltech Energies has shown a mixed performance in the recent quarter, with some positive and negative aspects. Investors are advised to hold their stocks and keep an eye on the company's future financial reports for any significant changes.