Pasupati Acrylon Declares Q2 Results, Shows Flat Performance with Positive Cash Flow

Despite facing some challenges in the recent quarter, Pasupati Acrylon, a microcap textile company, has declared its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO, indicating a decline in its performance.

According to the financials, Pasupati Acrylon has shown a flat performance in the second quarter of the fiscal year 2024-25, with a score of 3 compared to 17 in the previous quarter. However, there are some positive aspects to the company's financials. The company has consistently shown a high operating cash flow of Rs 72.71 crore annually, with a growth trend in the last three years. This indicates that the company has been able to generate higher cash revenues from its business operations.

On the other hand, there are some areas of concern for Pasupati Acrylon. The profit before tax (PBT) has fallen by 70.8% to Rs 1.63 crore in the recent quarter, compared to the average PBT of the previous four quarters at Rs 5.58 crore. Similarly, the profit after tax (PAT) has also declined by 53.0% to Rs 2.73 crore, compared to the average PAT of the previous four quarters at Rs 5.81 crore. The net sales have also seen a decline of 18.4% to Rs 124.44 crore, compared to the average net sales of the previous four quarters at Rs 152.56 crore. Additionally, the company's non-operating income is 56.18% of its PBT, which indicates a high reliance on non-business activities for income.

Despite these challenges, Pasupati Acrylon remains a microcap company in the textile industry. The company's financial results for the quarter ending September 2024 provide valuable insights for investors to make informed decisions.