Subros reports highest PAT in 5 quarters, shows consistent growth trend

Subros, a leading auto ancillary company, has recently declared its financial results for the quarter ending September 2024. The company has shown positive performance in this quarter, with a score of 14 out of 24, which is an improvement from the previous quarter's score of 24.

One of the key highlights of the financial results is the company's Profit After Tax (PAT) for the quarter, which stands at Rs 36.42 crore. This is the highest PAT in the last five quarters and has shown a consistent growth trend. The company's Operating Cash Flow for the year has also been the highest in the last three years, at Rs 165.00 crore. This indicates that the company has generated higher cash revenues from its business operations.

In terms of profitability, Subros has shown a positive trend with a 36.1% year-on-year growth in PAT. The company's Earnings per Share (EPS) for the quarter is also at its highest in the last five quarters, at Rs 5.58. This shows that the company has been able to create higher earnings for its shareholders.

However, one area of concern for Subros is its Debtors Turnover Ratio, which is at its lowest in the last five half-yearly periods. This indicates that the company's pace of settling its debtors has slowed down.

Overall, Subros has shown a positive financial performance in the quarter ending September 2024. However, it is important to keep an eye on the company's debtors turnover ratio in the coming quarters. MarketsMOJO has given a 'Hold' call for the stock, suggesting a neutral stance for investors.