Sadbhav Infrastructure Projects Reports Mixed Q3 Results

Nov 08 2023 12:00 AM IST
share
Share Via
Sadbhav Infrastructure Projects, a microcap engineering company, reported a decline in net sales, consolidated net profit, and operating profit (PBDIT) for the quarter ended September 2023. However, the company's operating profit margin improved and it generated the highest operating cash flow in the last three years. Despite some positive aspects, there are also areas of concern such as increased interest cost and decline in PAT, net sales, and PBT. Investors should carefully evaluate the company's financial performance before making any investment decisions.

Sadbhav Infrastructure Projects, a microcap engineering company, recently announced its financial results for the quarter ended September 2023. The company's stock has been given a 'Strong Sell' call by MarketsMOJO.

According to the quarterly analysis, there has been a significant decline in net sales and consolidated net profit compared to the previous quarter. The operating profit (PBDIT) excluding other income has also seen a decrease. However, there has been an improvement in the operating profit margin (excluding other income) compared to the previous quarter.

The company's overall financial performance for the quarter has been negative, with a score of -7 compared to -4 in the last three months. Despite this, there are some positive aspects to the company's financials. The operating cash flow has been the highest in the last three years, indicating a strong revenue generation from business operations.

On the other hand, there are some areas that are not performing well for Sadbhav Infrastructure Projects. The interest cost has increased, indicating a rise in borrowings. The profit after tax (PAT) for the quarter has also seen a significant decline compared to the average PAT of the previous four quarters. The net sales and profit before tax (PBT) have also shown a negative trend in the near term.

In conclusion, while Sadbhav Infrastructure Projects has faced some challenges in the quarter ended September 2023, there are also some positive aspects to its financial performance. Investors should carefully consider these factors before making any investment decisions.
{{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