Semac Consultants Reports Significant Decline in Financial Performance for Q1 2024
Semac Consultants, a microcap company in the engineering and industrial equipment industry, reported a significant decline in its financial performance for the quarter ending March 2024. The company's net sales, profit before tax, profit after tax, and earnings per share have all seen a sharp decline, indicating a negative trend in the near term.
Semac Consultants, a microcap company in the engineering and industrial equipment industry, recently announced its financial results for the quarter ending March 2024. The results, declared on May 29, have received a "Strong Sell" rating from MarketsMOJO.
According to the financial report, Semac Consultants has seen a significant decline in its performance, with a score of -26 compared to -25 in the previous quarter. This decline can be attributed to several factors.
One of the major factors is the company's net sales, which have fallen by 57.8% to Rs 24.99 crore in the quarter. This is a significant drop from the average net sales of Rs 59.20 crore in the previous four quarters, indicating a very negative trend in the near term.
The company's profit before tax (PBT) has also taken a hit, with a decline of 617.5% to Rs -12.88 crore in the quarter. This is a sharp contrast to the average PBT of Rs -1.80 crore in the previous four quarters, again pointing towards a very negative trend in the near term.
The profit after tax (PAT) for the quarter stands at Rs -16.02 crore, a staggering decline of 4829.2% from the average PAT of Rs -0.33 crore in the previous four quarters. This is the lowest PAT in the last five quarters, with a continuous decline each quarter, indicating a very negative trend in the near term.
The earnings per share (EPS) for the quarter is also at its lowest at Rs -51.35, showing a declining profitability and lower earnings for shareholders. Overall, Semac Consultants has seen a very negative financial performance in the quarter ending March 2024.
{{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}}%)
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
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
