Shree Digvijay Cement Co. Reports Mixed Performance in Q1 FY25 Financial Results

Shree Digvijay Cement Co., a smallcap company in the cement industry, recently declared its financial results for the quarter ending June 2024. According to the report released on July 26, 2024, the company’s stock has been given a ‘Hold’ call by MarketsMOJO.

The financial performance of Shree Digvijay Cement Co. for the quarter has been relatively flat, with a score of -1 compared to 17 in the previous quarter. However, there are some positive aspects to the company’s financials. The company has shown a consistent growth in its operating cash flow, with the highest amount of Rs 95.65 crore in the last three years.

On the other hand, there are some areas of concern for Shree Digvijay Cement Co. The profit before tax (PBT) has fallen by 52.8% compared to the average PBT of the previous four quarters. Similarly, the profit after tax (PAT) has also seen a decline of 48.6% compared to the average PAT of the previous four quarters. The net sales for the quarter have also decreased by 10.7% compared to the average net sales of the previous four quarters. In fact, this quarter’s net sales of Rs 176.83 crore is the lowest in the last five quarters.

The company’s cash and cash equivalents have also decreased to Rs 13.84 crore in the last six half-yearly periods, indicating a deteriorating short-term liquidity. However, it is important to note that these are just the facts based on the company’s financial report and not a recommendation or prediction of its future potential.

In conclusion, Shree Digvijay Cement Co. has shown a mixed performance in the quarter ending June 2024. While there are some positive aspects, there are also some areas of concern that the company needs to address. Investors are advised to carefully analyze the company’s financials before making any investment decisions.