Shri Keshav Cements & Infra Shows Strong Financial Performance in Q3 2023

Feb 07 2024 03:45 PM IST
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Shri Keshav Cements & Infra, a microcap company in the cement industry, has shown a positive performance in the quarter ending December 2023. With a significant increase in Profit Before Tax and Profit After Tax, as well as improved efficiency and reduced borrowing, the company's financials are looking promising for investors.
Shri Keshav Cements & Infra, a microcap company in the cement industry, has recently declared its financial results for the quarter ending December 2023. The company has shown a positive performance in this quarter, with its score improving from -12 to 17 in the last three months.

One of the key highlights of the financials is the growth in Profit Before Tax less Other Income (PBT) which has increased by 108.00% year on year. This is a significant improvement and the near term trend for PBT is also very positive. Similarly, the Profit After Tax (PAT) has also shown a growth of 185.6% year on year, with a positive near term trend.

Another positive aspect of Shri Keshav's financials is its ability to manage interest payments, as seen in the Operating Profit to Interest ratio which is at its highest in the last five quarters. The company's Operating Profit (PBDIT) has also shown a positive trend, with the highest value of Rs 11.07 crore in the last five quarters.

The company's efficiency has also improved, as seen in the Operating Profit Margin which is at its highest in the last five quarters. This indicates that Shri Keshav is able to generate higher profits from its operations.

In terms of earnings for shareholders, the company has shown a growth in Earnings per Share (EPS) which is at its highest in the last five quarters. This is a positive sign for investors as it indicates increasing profitability.

Furthermore, Shri Keshav has been reducing its borrowing as compared to equity capital, as seen in the Debt-Equity Ratio which is at its lowest in the last five half yearly periods. This shows that the company is managing its debt effectively.

Based on these financial results, MarketsMOJO has given a 'Sell' call for Shri Keshav's stock. However, it is important to note that this is not a recommendation and investors should do their own research before making any investment decisions. Overall, Shri Keshav's positive financial performance in the quarter ending December 2023 is a good sign for the company and its shareholders.
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