Sir Shadi Lal Enterprises Declares Negative Financial Results, MarketsMOJO Calls for 'Strong Sell'

Nov 06 2024 04:49 PM IST
share
Share Via
Sir Shadi Lal Enterprises, a microcap company in the sugar industry, has reported a negative performance in the quarter ending September 2024. The company's net sales and profit before tax have seen a significant decline compared to the previous four quarters. MarketsMojo has given a 'Strong Sell' call for the company.

Sir Shadi Lal Enterprises, a microcap company in the sugar industry, recently declared its financial results for the quarter ending September 2024. The stock call by MarketsMOJO for the company is 'Strong Sell'.

According to the financial report, Sir Shadi Lal has seen a negative performance in the quarter, with a score of -14 compared to -6 in the previous quarter. This decline can be attributed to various factors.

One of the major factors affecting the company's performance is the decrease in net sales. The net sales for the quarter were at Rs 22.60 crore, which is a significant drop of -80.9% compared to the average net sales of the previous four quarters, which was Rs 118.22 crore. This indicates a very negative sales trend in the near term.

Another concerning aspect is the profit before tax less other income (PBT), which has fallen by -467.8% compared to the average PBT of the previous four quarters. The PBT for the quarter was at Rs -12.86 crore, indicating a very negative trend in the near term.

The half-yearly profit after tax (PAT) for Sir Shadi Lal has also seen a decline of -32.21% year on year. The near term trend for PAT is also negative. The company's net sales for the quarter were at its lowest in the last five quarters, and the operating profit (PBDIT) was also at its lowest at Rs -9.30 crore. This indicates a negative trend in the near term for both net sales and operating profit.

Moreover, the operating profit margin for the quarter was at its lowest at -41.15%, indicating a deterioration in the company's efficiency. The PBT for the quarter was also at its lowest in the last five quarters, further highlighting the negative trend in the near term.

Based on the financial results, MarketsMOJO has given a 'Strong Sell' call for Sir Shadi Lal Enterprises. The company's performance in the quarter has been below expectations, and it will be crucial for them to improve their financials in the upcoming quarters to regain investor confidence.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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
Are Sir Shadi Lal latest results good or bad?
Nov 04 2025 07:45 PM IST
share
Share Via
How has been the historical performance of Sir Shadi Lal?
Nov 03 2025 10:42 PM IST
share
Share Via
Why is Sir Shadi Lal falling/rising?
Oct 29 2025 09:28 PM IST
share
Share Via
Why is Sir Shadi Lal falling/rising?
Oct 28 2025 11:49 PM IST
share
Share Via
When is the next results date for Sir Shadi Lal?
Oct 28 2025 11:16 PM IST
share
Share Via