Shardul Securities Reports Impressive Financial Results for Q1 FY25

Shardul Securities, a microcap finance and non-banking financial company (NBFC), has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Shardul Securities has shown outstanding performance in the quarter, with a score of 38, which is an improvement from 26 in the previous three months. This is a positive sign for the company and its investors.

One of the key factors contributing to this improvement is the growth in net sales, which has increased by 224.3% to Rs 140.18 crore compared to the average net sales of the previous four quarters, which was Rs 43.23 crore. This shows a very positive trend in the company’s sales.

Similarly, the profit before tax less other income (PBT) has also seen a significant growth of 236.9% to Rs 136.38 crore, compared to the average PBT of the previous four quarters, which was Rs 40.49 crore. This is a positive trend for the company’s profitability in the near term.

The profit after tax (PAT) has also shown a remarkable growth of 365.7% to Rs 113.87 crore, compared to the average PAT of the previous four quarters, which was Rs 24.45 crore. This indicates a positive trend in the company’s overall financial performance.

In addition, Shardul Securities has also achieved its highest net sales and operating profit (PBDIT) in the last five quarters, with Rs 140.18 crore and Rs 136.71 crore respectively. The company’s operating profit margin has also improved to 97.52%, indicating an increase in efficiency.

Moreover, the company’s PBT and PAT have also reached their highest levels in the last five quarters, with Rs 136.38 crore and Rs 113.87 crore respectively. This shows a positive trend in the company’s profitability.

Furthermore, the earnings per share (EPS) have also increased to Rs 65.07, which is the highest in the last five quarters. This indicates that the company has created higher earnings for its shareholders.

Lastly, Shardul Securities has also shown improvement in its short-term liquidity, with its cash and cash equivalents reaching the highest level of Rs 27.68 crore in the last six half-yearly periods.

Overall, the financial results of Shardul Securities for the quarter ending March 2024 have been impressive, with positive trends in sales, profitability, and efficiency. This is a good sign for the company and its investors.