Orient Paper & Industries Reports Mixed Financial Results for Q2 2024

Orient Paper & Industries, a microcap company in the paper and paper products industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' rating by MarketsMOJO.

According to the financial report, Orient Paper has seen a negative performance in the second quarter of the fiscal year 2024-2025, with a score of -9 compared to -3 in the previous quarter. However, there are some positive aspects to the company's financials.

The company's operating cash flow has been consistently growing over the past three years, with the highest amount of Rs 101.05 crore generated annually. Additionally, the net sales for the quarter have shown a significant growth of 45.61% year on year, indicating a positive trend in the company's sales.

On the other hand, there are some areas of concern for Orient Paper. The profit before tax less other income has fallen by 32.48% year on year, and the profit after tax has also decreased by 20.5% year on year. The company's operating profit to interest ratio is at its lowest in the last five quarters, indicating a decline in its ability to manage interest payments.

Furthermore, the operating profit margin has also decreased, and the company's earnings per share and dividend per share are at their lowest in the last five years. The report also highlights that the increase in non-operating income may not be sustainable.

Overall, Orient Paper's financial performance for the quarter ending September 2024 has been mixed, with some positive and negative aspects. Investors are advised to carefully consider these factors before making any investment decisions.