Repro India Reports Strong Financial Performance in Q4 2023

Repro India, a smallcap company in the printing and publishing industry, has recently announced its financial results for the quarter ending December 2023. The company has shown positive performance in this quarter, with its score improving from 14 to 18 in the last 3 months.

One of the key factors contributing to this improvement is the company's operating profit to interest ratio, which is at its highest in the last five quarters at 7.67 times. This indicates that Repro India is effectively managing its interest payments.

The company's operating profit margin has also seen a significant increase, reaching 11.32% in the last five quarters. This shows that Repro India has become more efficient in its operations.

In terms of profitability, the company's profit before tax (PBT) has grown by 39.9% over the average PBT of the previous four quarters, standing at Rs 3.97 crore. Similarly, the profit after tax (PAT) has also shown a positive trend, growing by 23.2% over the average PAT of the previous four quarters, reaching Rs 4.04 crore.

Another positive aspect of Repro India's financials is its debt-equity ratio, which is at its lowest in the last five half yearly periods at 0.08 times. This indicates that the company has been reducing its borrowing in comparison to its equity capital.

Furthermore, Repro India has also been able to settle its debtors faster, with its debtors turnover ratio at its highest in the last five half yearly periods at 7.51 times.

Overall, Repro India has shown a strong financial performance in the quarter ending December 2023, with positive trends in key areas such as profitability, debt management, and efficiency. Based on this, MarketsMOJO has given a 'Hold' call for the company's stock.