Sical Logistics Reports Decline in Q1 Financials, Stock Call Rated 'Strong Sell' by MarketsMOJO
Sical Logistics, a smallcap logistics company, has announced its financial results for the quarter ending March 2024. According to financial analysis platform MarketsMojo, the stock call for Sical Logistics is currently 'Strong Sell' due to a decline in net sales and Profit After Tax (PAT) compared to the previous four quarters.
Sical Logistics, a smallcap logistics company, recently announced its financial results for the quarter ending March 2024. The results have been declared on May 31, 2024.According to MarketsMOJO, a leading financial analysis platform, the stock call for Sical Logistics is currently 'Strong Sell'. This is based on the company's financial performance in the last quarter, which has been deemed as Very Negative. The score has fallen from -20 to -22 in the last 3 months.
The financials for the quarter ending March 2024 show a decline in net sales by 35% compared to the average net sales of the previous four quarters. The net sales for this quarter were Rs 44.22 crore, while the average for the previous four quarters was Rs 67.99 crore. This indicates a very negative trend in near term sales.
Similarly, the Profit After Tax (PAT) for the quarter has also seen a significant decline of 143.2% compared to the average PAT of the previous four quarters. The PAT for this quarter was Rs -17.08 crore, while the average for the previous four quarters was Rs -7.02 crore. This also indicates a very negative trend in near term PAT.
In fact, the net sales for this quarter have been the lowest in the last five quarters, with a decline in each quarter. This further highlights the negative trend in near term sales for Sical Logistics.
Based on these financials, it is evident that Sical Logistics has not performed well in the last quarter. The company has seen a decline in both net sales and PAT, with a negative trend in near term sales. This information is based on facts and data, without any external sources or recommendations.
{{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
