Smiths & Founders (India) Reports Positive Financial Performance in Q2 FY25

Smiths & Founders (India), a microcap company in the castings/forgings 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.

Despite this, the company has shown positive financial performance in the second quarter of the fiscal year 2024-2025. In the last three months, the company’s score has improved from 6 to 15.

According to the September 2024 financials, Smiths & Founders has seen growth in its operating profit (PBDIT) each quarter in the last five quarters, with the highest at Rs 0.44 crore. The near-term trend for operating profit is positive.

Similarly, the company’s profit before tax less other income (PBT) has also shown growth each quarter in the last five quarters, with the highest at Rs 0.34 crore. The near-term trend for PBT is very positive.

Smiths & Founders has also seen growth in its profit after tax (PAT) each quarter in the last five quarters, with the highest at Rs 0.36 crore. The near-term trend for PAT is also very positive.

In terms of sales, the company has shown a growth of 20.36% year on year (YoY) with net sales at Rs 6.74 crore in the first half of the year. The near-term trend for sales is positive.

The company’s earnings per share (EPS) have also increased, with the highest at Rs 0.04 in the last five quarters. This indicates increasing profitability and higher earnings for shareholders.

Overall, Smiths & Founders (India) has shown positive financial performance in the recent quarter, with growth in key areas such as operating profit, PBT, PAT, and sales. However, investors should take note of the ‘Sell’ call by MarketsMOJO and conduct their own research before making any investment decisions.