Punjab Chemicals & Crop Protection Reports Negative Performance in Q1 FY25

Aug 01 2024 09:31 PM IST
share
Share Via
Punjab Chemicals & Crop Protection, a smallcap company in the pesticides and agrochem industry, reported a negative performance in the quarter ending June 2024 with a score of -10. The company's Profit After Tax has declined by 36.75% year on year and its Debtors Turnover Ratio is at its lowest. Operating Cash Flow has also been declining for the last three years. Investors are advised to hold their stock and closely monitor the company's performance.

Punjab Chemicals & Crop Protection, a smallcap company in the pesticides and agrochem industry, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Punjab Chemicals has seen a negative performance in the quarter, with a score of -10. However, this is an improvement from the previous quarter’s score of -24.


One of the major factors contributing to this negative performance is the company’s Profit After Tax (PAT), which has shown a decline of 36.75% year on year, standing at Rs 15.85 crore for the half-yearly period. The trend for PAT in the near term is also negative.


Another concerning aspect is the Debtors Turnover Ratio, which has been consistently falling in the last five half-yearly periods and is currently at its lowest at 4.73 times. This indicates that the company’s pace of settling its debtors has slowed down.


Furthermore, Punjab Chemicals’ Operating Cash Flow for the last three years has been at its lowest at Rs 29.89 crore. This suggests that the company’s cash revenues from business operations are declining.


Overall, the financial results for the quarter ending June 2024 have not been favorable for Punjab Chemicals & Crop Protection. Investors are advised to hold their stock and monitor the company’s performance closely.


{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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