Shri Keshav Cements & Infra Reports Negative Financial Results for Q2 FY25

Shri Keshav Cements & Infra, a microcap cement company, has recently declared its financial results for the quarter ending September 2024. The company has received a ‘Strong Sell’ stock call from MarketsMOJO.

According to the financial report, Shri Keshav has seen a negative performance in the second quarter of the fiscal year 2024-2025, with a score of -7 compared to 6 in the previous quarter. However, there are some positive aspects to the company’s financials. The cash and cash equivalents have shown an improvement, with the highest amount of Rs 20.66 crore in the last six half-yearly periods, indicating a better short-term liquidity.

On the other hand, there are some concerning factors in Shri Keshav’s financials. The Profit After Tax (PAT) for the quarter has fallen to Rs -4.18 crore, a decrease of 6071.4% compared to the same period last year. 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 net sales for the quarter have also decreased, with the lowest amount of Rs 24.48 crore in the last five quarters. The Operating Profit and Operating Profit Margin have also shown a negative trend, indicating a decline in the company’s efficiency. The Profit Before Tax less Other Income (PBT) has also decreased to Rs -4.29 crore, showing a negative trend in the near term. The Earnings per Share (EPS) have also decreased to Rs -2.39, indicating a decline in profitability and lower earnings for shareholders.

Overall, Shri Keshav Cements & Infra’s financial performance for the quarter ending September 2024 has been negative, with some concerning factors that need to be addressed. Investors are advised to carefully consider these financials before making any investment decisions.