Om Infra's Financial Performance Shows Significant Decline in Q3 2024

Om Infra, a smallcap engineering company, recently declared its financial results for the quarter ending September 2024. The stock call by MarketsMOJO for Om Infra is 'Sell', based on the company's very negative financial performance in the quarter.

According to the financials, Om Infra's score has fallen from -11 to -21 in the last three months. This is a significant decline and indicates that the company is facing challenges in its operations.

One of the major factors contributing to this decline is the company's Profit After Tax (PAT), which has fallen by 65.4% compared to the average PAT of the previous four quarters. This is a concerning trend and indicates a decline in profitability for Om Infra.

Another concerning aspect is the company's rising interest cost, which has grown by 41.27% quarter on quarter. This suggests that Om Infra has increased its borrowings, which could have a negative impact on its financial health.

The company's Profit Before Tax less Other Income (PBT) has also fallen by 18.8% compared to the average PBT of the previous four quarters. This is another indication of a decline in profitability for Om Infra.

In terms of sales, Om Infra has seen a negative trend with a 6.2% decline in net sales compared to the average of the previous four quarters. This could be a result of various factors such as a slowdown in the industry or a decrease in demand for the company's products or services.

Additionally, the company's Debtors Turnover Ratio, which measures the pace of settling its debtors, is at its lowest in the last five half-yearly periods. This suggests that Om Infra is facing challenges in collecting payments from its debtors.

Overall, based on the financial results for the quarter ending September 2024, Om Infra's performance has been very negative. Investors should carefully consider these factors before making any investment decisions.