Prerna Infrabuild's Q3 financials show mixed results, with positive sales trend but concerning factors

Prerna Infrabuild, a microcap company in the construction and real estate industry, has 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 financials, Prerna Infra. has seen a negative performance in the quarter, with a score of -14 compared to -1 in the previous quarter. However, there are some positive aspects to the company's financials. The net sales for the nine-month period have grown by 20.12% year on year, indicating a positive sales trend in the near term. Additionally, the company has been able to settle its debtors faster, with a debtors turnover ratio of 237.86 times in the last five half-yearly periods.

On the other hand, there are some concerning factors in the financials as well. The profit before tax less other income (PBT) has fallen by -253.57% year on year, and the operating profit (PBDIT) for the quarter is at its lowest in the last five quarters. The company's efficiency has also deteriorated, with the operating profit margin at its lowest in the last five quarters.

Moreover, the company's income from non-business activities is high, at 1,423.08% of the PBT. This may not be a sustainable business model for the company. The earnings per share (EPS) have also declined, indicating lower profitability for shareholders. Additionally, the non-operating income for the quarter is at its highest in the last five quarters, which may not be sustainable in the long run.

Overall, Prerna Infrabuild's financial performance for the quarter ending September 2024 has been negative, with some positive and negative trends. Investors should carefully consider these factors before making any investment decisions.