Oriental Aromatics Reports Strong Financial Performance in Q3, Receives 'Buy' Call from MarketsMOJO

Oriental Aromatics, a smallcap company in the chemicals industry, has recently declared its financial results for the quarter ending September 2024. The company has received a 'Buy' call from MarketsMOJO, indicating a positive outlook for investors.

In the last three months, Oriental Aromatics has shown an outstanding financial performance, with a score of 30 out of 100, an improvement from 28 in the previous quarter. This is a result of the company's strong financials, as seen in their Profit Before Tax (PBT) and Profit After Tax (PAT) figures. PBT has grown by 2706.56% year on year, while PAT has grown by 510.7% year on year. The company's operating profit (PBDIT) has also shown a consistent growth in the last five quarters, with a current high of Rs 28.62 crore. This has led to an improvement in the company's operating profit margin, which is currently at 12.09%.

Oriental Aromatics has also shown a strong cash flow, with a high of Rs 141.80 crore in the last three years. This indicates that the company is generating higher cash revenues from its business operations. The company's net sales have also been consistently increasing, with a current high of Rs 236.77 crore in the last five quarters. This has resulted in a higher earnings per share (EPS) of Rs 4.39, indicating increasing profitability and higher earnings for shareholders.

On the downside, Oriental Aromatics has seen a rise in interest costs, which has grown by 56.16% quarter on quarter. This signifies increased borrowings by the company. The company's debt-equity ratio is also at its highest in the last five half yearly periods, indicating a higher reliance on borrowing to fund its operations.

Overall, Oriental Aromatics has shown a positive financial performance in the last quarter, with strong growth in key financial indicators. However, investors should keep an eye on the company's increasing interest costs and debt-equity ratio.