Simran Farms Reports Positive Performance in Q2, But Decrease in Overall Score

Simran Farms, a microcap company in the FMCG industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Simran Farms has shown positive performance in the second quarter of the fiscal year 2024-2025. However, the company's overall score has decreased from 24 to 10 in the last three months.

One of the key factors contributing to the positive performance is the company's operating cash flow, which has been the highest in the last three years at Rs 8.18 crore. This indicates that the company has generated higher cash revenues from its business operations.

In terms of net sales, Simran Farms has shown a growth of 25.4% in the quarterly period, with net sales of Rs 174.64 crore compared to the average of the previous four quarters at Rs 139.31 crore. This indicates a positive trend in the company's sales.

However, there are some areas that are not performing well for Simran Farms. The profit before tax (PBT) less other income has fallen by -97.4% compared to the average of the previous four quarters. Similarly, the profit after tax (PAT) has also fallen by -88.7% in the same period. This indicates a negative trend in the company's profitability.

Moreover, the company's cash and cash equivalents have also decreased to the lowest in the last six half-yearly periods at Rs 4.45 crore. This indicates a deteriorating short-term liquidity for Simran Farms.

Overall, Simran Farms has shown a mixed performance in the recent quarter, with some positive and negative trends. Investors should carefully consider these factors before making any investment decisions.