Modern Dairies' Q2 financials show mixed results, with declining sales and lowest EPS in 5 quarters

Nov 12 2024 09:39 AM IST
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Modern Dairies, a microcap company in the FMCG industry, has reported a flat performance in the second quarter of fiscal year 2024-2025. While the company's PAT has shown a significant increase, its Net Sales have decreased and its EPS is at a five-quarter low. Investors should carefully evaluate these factors before making any investment decisions.

Modern Dairies, a microcap company in the FMCG industry, recently declared its financial results for the quarter ending September 2024. The stock call for the company by MarketsMOJO is 'Sell'.

According to the financials, Modern Dairies has seen a flat performance in the second quarter of the fiscal year 2024-2025. The company's score has fallen from 11 to 3 in the last three months.

However, there are some positive aspects in the financials. The company's Profit After Tax (PAT) for the half-yearly period has grown by 77.28% year on year, reaching Rs 7.18 crore. The near-term trend for PAT is also very positive.

On the other hand, there are some concerning factors as well. The company's Net Sales for the quarter have fallen by -20.6% compared to the average Net Sales of the previous four quarters. The near-term trend for sales is also negative. Additionally, the company's Net Sales for the quarter are the lowest in the last five quarters.

Moreover, the company's Earnings per Share (EPS) for the quarter are the lowest in the last five quarters, at Rs 1.42. This indicates a declining profitability and lower earnings for shareholders.

Overall, Modern Dairies has reported a mixed financial performance for the quarter ending September 2024. Investors should carefully consider these factors before making any investment decisions.
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