Ramco Industries Shows Positive Financial Performance in Q2 FY 2024-2025

Ramco Industries, a smallcap company in the construction material industry, has recently declared its financial results for the quarter ending September 2024. The stock call for the company by MarketsMOJO is 'Hold'.

According to the financials, Ramco Industries has shown positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 9 to 12 in the last three months. This is a significant improvement and indicates a positive trend for the company.

One of the key factors contributing to this positive performance is the Profit Before Tax (PBT) less Other Income, which has grown by 104.31% year on year, reaching Rs 29.38 crore. The trend for PBT in the near term is also very positive. Similarly, the Profit After Tax (PAT) has shown a growth of 506.7% year on year, reaching Rs 16.88 crore. The near term trend for PAT is also very positive.

Another positive aspect for Ramco Industries is its Operating Cash Flow, which has been the highest in the last three years at Rs 134.67 crore. This indicates that the company has generated higher cash revenues from its business operations.

On the other hand, the Debt-Equity Ratio for the company has been the lowest at 0.03 times in the last five half yearly periods. This shows that the company has been reducing its borrowing as compared to its equity capital.

However, one area of concern for Ramco Industries is its Debtors Turnover Ratio, which has been the lowest at 11.16 times in the last five half yearly periods. This indicates that the company's pace of settling its debtors has slowed down.

Overall, Ramco Industries has shown positive financial performance in the second quarter of the fiscal year 2024-2025. With a 'Hold' stock call from MarketsMOJO, investors may want to keep an eye on the company's future performance.