Panacea Biotec's Q2 FY24-25 financials show positive growth despite 'Sell' call from MarketsMOJO
Panacea Biotec, a smallcap pharmaceutical company, has shown positive financial performance in Q2 FY24-25 despite a 'Sell' call from MarketsMojo. The company's PAT has increased by 117.8% year on year, with higher cash revenues and operating profit. However, the high non-operating income and PBT suggest areas for improvement.
Panacea Biotec, a smallcap pharmaceutical company, has recently declared its financial results for the quarter ending September 2024. The company has received a 'Sell' call from MarketsMOJO, a leading financial analysis platform.
Despite the negative recommendation, Panacea Biotec has shown positive financial performance in Q2 FY24-25. The company's score has improved from -11 to 10 in the last 3 months, indicating a significant improvement in its financials.
One of the key factors contributing to this positive performance is the growth in Profit After Tax (PAT) which has increased by 117.8% year on year, reaching Rs 1.97 crore. The company has also generated higher cash revenues from its business operations, with the Operating Cash Flow being the highest in the last three years at Rs -0.10 crore.
Moreover, Panacea Biotec has also shown a positive trend in its Operating Profit (PBDIT) which has been the highest in the last five quarters at Rs 7.00 crore. This indicates an improvement in the company's efficiency. The Operating Profit Margin has also reached its highest at 4.75% in the last five quarters.
However, there are some areas that need improvement for Panacea Biotec. The Non Operating Income for the quarter is 233.67% of the Profit Before Tax (PBT), which suggests that the company's income from non-business activities is high and not sustainable in the long run.
Despite this, the company's Profit Before Tax less Other Income (PBT) has shown a positive trend in the last five quarters, reaching its highest at Rs -2.66 crore. The Earnings per Share (EPS) has also increased to its highest at Rs 0.77, indicating an increase in profitability and higher earnings for shareholders.
Overall, Panacea Biotec's financial performance in the quarter ending September 2024 has been positive, with some areas that need improvement. Investors should keep a close eye on the company's future financial results to make informed decisions.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
