Oswal Green Tech's Q1 results show significant sales growth, but concerns remain

Oswal Green Tech, a smallcap finance company, recently announced its financial results for the quarter ending June 2024. The company's net sales for the quarter have shown a significant growth of 128.72% year on year, indicating a positive sales trend in the near term. The operating profit (PBDIT) for the quarter was the highest in the last five quarters, showing a positive trend in the near term. The operating profit margin has also improved, reaching its highest in the last five quarters, indicating an increase in the company's efficiency.

However, the company's profit after tax (PAT) for the quarter has fallen by 48.2% year on year, showing a negative trend in the near term. The operating cash flow for the year has also been consistently falling in the last three years, indicating a decline in the company's cash revenues from business operations. The non-operating income for the quarter is significantly high compared to the profit before tax (PBT), which may not be a sustainable business model. The company's dividend per share (DPS) for the year is the lowest in the last five years, and the dividend payout ratio (DPR) is also at its lowest, indicating a lower distribution of profits as dividends.

MarketsMOJO has given a 'Sell' call for Oswal Green Tech's stock based on its financial performance in the last quarter. The company's overall score has also fallen from 14 to 2 in the last three months. While the company has shown positive growth in some areas, there are also concerns regarding its declining profits and cash flow. Investors may want to carefully consider these factors before making any investment decisions.