Privi Speciality Chemicals Reports Strong Financial Performance in Q2 FY25

Privi Speciality Chemicals, a midcap company in the chemicals industry, has recently announced its financial results for the quarter ending September 2024. The stock call for the company by MarketsMOJO is ‘Hold’.

According to the financials, Privi Speciality Chemicals has shown a very positive performance in the quarter. The company’s score has improved from 26 to 24 in the last three months. This can be attributed to several factors, including the company’s strong operating cash flow, which has been consistently growing over the past three years. In the last quarter, the company’s operating cash flow was the highest at Rs 354.48 crore.

Another positive aspect of Privi Speciality Chemicals’ financials is its ability to manage interest payments. The company’s operating profit to interest ratio has been the highest in the last five quarters, at 5.12 times. This indicates that the company is effectively managing its interest payments.

The company’s operating profit (PBDIT) has also been consistently growing each quarter in the last five quarters, with the highest being Rs 110.19 crore in the current quarter. Similarly, the profit before tax (PBT) has also been on an upward trend, with the current quarter’s PBT at Rs 56.28 crore, which is the highest in the last five quarters. This shows a positive near-term trend for the company.

In terms of profitability, Privi Speciality Chemicals has shown significant growth in the current quarter. The profit after tax (PAT) has grown by 46.8% over the average PAT of the previous four quarters, at Rs 44.66 crore. This is a positive sign for the company’s shareholders. The company’s net sales have also been consistently growing, with the current quarter’s sales at Rs 532.79 crore, the highest in the last five quarters.

Overall, Privi Speciality Chemicals has shown a positive financial performance in the current quarter, with increasing profitability and sales. The company’s earnings per share (EPS) have also been on an upward trend, with the current quarter’s EPS at Rs 11.43, the highest in the last five quarters. This indicates that the company is creating higher earnings for its shareholders.