Sanco Trans Reports Positive Financial Performance in March 2024 Quarter
Sanco Trans, a microcap logistics company, has recently announced its financial results for the quarter ending March 2024. The company has shown a positive performance with a score of 8, which is a significant improvement from the previous quarter's score of 1.
One of the key factors contributing to this positive performance is the company's operating profit (PBDIT), which has been consistently growing in the last five quarters and reached a high of Rs 1.38 crore in the March 2024 quarter. This trend is expected to continue in the near term, indicating a positive outlook for the company.
Another positive aspect is the company's operating profit margin, which has also been consistently increasing in the last five quarters and reached a high of 5.31% in the March 2024 quarter. This indicates an improvement in the company's efficiency.
The profit before tax (PBT) less other income has also shown a positive trend, with a high of Rs -0.05 crore in the March 2024 quarter. This trend is expected to continue in the near term, indicating a positive outlook for the company.
The profit after tax (PAT) has also shown a positive trend, with a high of Rs 0.65 crore in the last five quarters. This indicates a positive trend in the company's profitability.
However, one area of concern for Sanco Trans is its non-operating income, which is 104.90% of the profit before tax (PBT). This indicates that the company's income from non-business activities is high, which may not be a sustainable business model.
In conclusion, Sanco Trans has shown a positive financial performance in the March 2024 quarter, with improvements in key areas such as operating profit, operating profit margin, and profit after tax. However, the company needs to address its reliance on non-operating income for sustained growth in the long term. Based on the financial results, MarketsMOJO has given a 'Sell' call for Sanco Trans stock.
{{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}}%)
{{text.big_txt}}
{{text .small_txt}}
{{dashverdictresult.dashboard.stock_details.short_name}}
SEND BY EMAIL
Register now to see if the stock’s characteristics match your investment style
Subscribe now to see if the stock's characteristics match your investment style
{{dashverdictresult.dashboard.risk_return_voltality.risk_type}}, {{dashverdictresult.dashboard.risk_return_voltality.return_type}}
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
Create your portfolio and know how much should this stock be in your portfolio
Subscribe now to know how much you should hold in this stock
We have found 2 better stocks that you can consider
{{dashverdictresult.dashboard.return_text}}
Investors Returns (3 years) –
| Period | 6M | 1Y | 2Y | 3Y |
| {{ keyd.val }} | ||||
| {{ keyd.val }} |
Quality: {{dashverdictresult.dashboard.dotsummary.q_txt}}
Valuation: {{dashverdictresult.dashboard.dotsummary.v_txt}}
Quarterly Financial Trend: {{dashverdictresult.dashboard.dotsummary.f_txt}}
Technicals: {{dashverdictresult.dashboard.dotsummary.tech_txt}}
Stock Info:
BSE – {{dashverdictresult.dashboard.stock_details.scripcode}}/ NSE – {{dashverdictresult.dashboard.stock_details.symbol}}
Market Cap – {{dashverdictresult.dashboard.priceinfo.mcap_class}} (Rs. {{dashverdictresult.dashboard.priceinfo.mcap| number :0}} cr)
Sector – {{dashverdictresult.dashboard.stock_details.ind_name}}
52 w H/L (Rs.) – {{dashverdictresult.dashboard.priceinfo.wk_high52}}/{{dashverdictresult.dashboard.priceinfo.wk_low52}}
Average vol (6M) – {{dashverdictresult.dashboard.priceinfo.vol}}
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
