SIL Investments Reports Mixed Performance in Q1 FY25 Financial Results

SIL Investments, a microcap finance company, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financials, SIL Investments has shown a flat performance in the quarter, with a slight improvement in its score from -5 to -3 in the last three months. However, there are some positive aspects to the company’s performance.

The Profit Before Tax (PBT) has seen a significant growth of 358.95% year on year, standing at Rs 4.36 crore. The near-term trend for PBT is also very positive. Similarly, the Profit After Tax (PAT) has grown by 120.3% year on year, with a very positive near-term trend.

On the other hand, there are some areas where SIL Investments needs to work on. The Net Sales for the half-yearly period have shown a decline of 45.70% year on year, indicating a very negative trend. Additionally, the Operating Cash Flow for the last three years has been the lowest at Rs 16.02 crore, suggesting a decrease in cash revenues from business operations. The company’s Short Term liquidity is also deteriorating, with Cash and Cash Equivalents being the lowest at Rs 63.00 crore in the last six half-yearly periods.

Overall, SIL Investments has shown a mixed performance in the quarter ending June 2024. While there are some positive aspects, there are also areas that require improvement. Investors are advised to carefully consider these factors before making any investment decisions.