Savera Industrie Reports Strong Financial Results for Q2 2024, Stock Rated 'Hold' by MarketsMOJO

Nov 13 2024 09:39 AM IST
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Savera Industrie, a microcap company in the hotel, resort, and restaurant industry, has reported positive financial results for the quarter ending September 2024. The company's profit before tax and after tax have shown significant growth, along with an increase in net sales and operating profit. The company's stock has been given a 'Hold' call by MarketsMojo.
Savera Industrie, a microcap company in the hotel, resort, and restaurant industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Savera Industrie has shown positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from -5 to 12 in the last three months.

The company's profit before tax (PBT) less other income has grown by 41.50% year on year, reaching Rs 4.91 crore. The near-term trend for PBT is very positive. Similarly, the profit after tax (PAT) has also shown a growth of 57.5% year on year, reaching Rs 4.74 crore. The near-term trend for PAT is also very positive.

Savera Industrie's net sales for the quarter have been the highest in the last five quarters, reaching Rs 20.60 crore. The near-term trend for sales is positive. The company's operating profit (PBDIT) for the quarter has also been the highest in the last five quarters, reaching Rs 5.60 crore. The near-term trend for operating profit is positive.

The company's operating profit margin for the quarter has been the highest in the last five quarters, at 27.18%. This indicates an improvement in the company's efficiency. The highest PBT and PAT in the last five quarters also show a positive trend for the company.

Savera Industrie has also shown an increase in earnings per share (EPS) for the quarter, reaching Rs 3.97. This indicates an increase in profitability and higher earnings for shareholders. The company has also distributed a higher dividend per share (DPS) of Rs 3.00 in the last five years, indicating its ability to generate profits and distribute them to shareholders. The dividend payout ratio (DPR) has also been the highest in the last five years, at 34.72%, showing the company's commitment to distributing a higher proportion of profits as dividends.

Overall, Savera Industrie has shown positive financial performance in the recent quarter, with an increase in profits and efficiency. The company's stock has been given a 'Hold' call by MarketsMOJO, indicating a neutral stance for investors.
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