Schneider Electric Infrastructure's Q4 financials show mixed results, MarketsMOJO advises 'Hold'.

May 23 2024 06:40 PM IST
share
Share Via
Schneider Electric Infrastructure, a largecap company in the capital goods industry, has declared its financial results for the quarter ending March 2024. While the net sales have shown a positive trend, the profit after tax and earnings per share have declined. MarketsMojo has recommended a 'Hold' call on the stock.

Schneider Electric Infrastructure, a largecap company in the capital goods industry, has recently declared its financial results for the quarter ending March 2024. The company has received a 'Hold' call from MarketsMOJO, indicating a neutral stance on the stock.

According to the financials, Schneider Electric has seen a negative performance in the quarter, with a score of -10 compared to 29 in the previous quarter. However, there are some positive aspects to the company's performance. The net sales for the half-yearly period have grown by 23.43% year on year, indicating a positive sales trend in the near term.

On the other hand, there are some areas of concern for Schneider Electric. The profit after tax for the quarter has fallen by 92.6% year on year, and the near term trend for PAT is very negative. The interest cost has also increased by 161.97% quarter on quarter, which could be a result of increased borrowings. The company's ability to manage interest payments has also deteriorated, with the operating profit to interest ratio being the lowest in the last five quarters.

The PBT for the quarter has also fallen by 14.89% year on year, and the interest cost has increased by 161.97% quarter on quarter. This indicates a negative trend in the near term for PBT. The earnings per share for the quarter are also at its lowest in the last five quarters, showing a decline in profitability and lower earnings for shareholders.

Overall, the financial results for the quarter ending March 2024 for Schneider Electric Infrastructure have been mixed, with some positive and negative aspects. Investors are advised to hold their position on the stock, as recommended by MarketsMOJO, and keep a close eye on the company's performance in the coming quarters.
{{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