SMIFS Capital Markets Reports Positive Profit Growth, But Decline in Net Sales
SMIFS Capital Markets, a microcap finance company, reported its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMojo, with a flat performance score of 2 out of 5. However, the Profit After Tax has seen a significant growth of 232.12% year on year, while Net Sales have fallen by -89.2%. Investors should carefully analyze these factors before investing.
SMIFS Capital Markets, a microcap finance company, 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, SMIFS Capital Markets has shown a flat performance in the quarter, with a score of 2 out of 5, which is a decrease from the previous 3 months. However, there are some positive aspects to the company's financials.
One of the highlights is the Profit After Tax (PAT) for the nine-month period, which has seen a significant growth of 232.12% year on year, reaching Rs 1.56 crore. This shows a very positive trend for the company's profitability.
On the other hand, the Net Sales for the quarter have fallen by -89.2% compared to the average of the previous four quarters, which was Rs 58.73 crore. This indicates a negative trend in the company's sales in the near term.
Overall, SMIFS Capital Markets has shown a mixed performance in the quarter, with some positive and negative aspects. Investors should carefully consider these factors before making any decisions regarding the company's stock.
{{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
