Star Housing Fin's Profitability and Financial Risk Raise Concerns for Investors

May 08 2024 06:00 PM IST
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Star Housing Fin has reported a 60.23% operating profit margin for the quarter, a decrease from the previous quarter. The company's debt to equity ratio has also increased, potentially indicating higher financial risk. Despite positive growth in net sales and profit, reliance on non-operating income and a 'Strong Sell' call from MarketsMojo may raise concerns for investors.
Operating Profit Margin (OPM) - Quarterly: is 60.23 % .The company's operating profit margin has decreased from the previous quarter, indicating a decrease in efficiency and profitability.
Debt to Equity Ratio - Quarterly: is 1.03 .The company's debt to equity ratio has increased from the previous quarter, indicating a higher level of debt and potential financial risk.

Overall, Star Housing Fin has shown positive growth in net sales, profit after tax, and earnings per share. However, the company's reliance on non-operating income and decrease in operating profit margin may raise concerns for investors. Additionally, the increase in debt to equity ratio may indicate potential financial risk for the company. MarketsMOJO has given a 'Strong Sell' call for Star Housing Fin's stock, possibly due to these factors. It will be important to monitor the company's financial performance in the upcoming quarters to see if these trends continue.
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