Suraj Estate Developers Reports Positive Q2 Results, Receives 'Hold' Call from MarketsMOJO

Suraj Estate Developers, a smallcap company in the construction and real estate industry, has recently announced its financial results for the quarter ending September 2024. The company has received a 'Hold' call from MarketsMOJO, a leading financial analysis platform.

According to the financial report, Suraj Estate has shown a positive performance in the second quarter of the fiscal year 2024-25. The company's score has remained consistent in the last three months, indicating stability and growth.

One of the key factors contributing to Suraj Estate's success is its ability to manage interest payments. The company's Operating Profit to Interest ratio for the quarter is the highest in the last five quarters, at 3.33 times. This shows that the company's financial management is improving.

Moreover, the company's Profit Before Tax less Other Income (PBT) for the quarter has grown by 55.8% compared to the average PBT of the previous four quarters. This indicates a very positive trend in the near term. Similarly, the Profit After Tax (PAT) for the quarter has also shown a growth of 53.5% compared to the average PAT of the previous four quarters. This trend is also expected to continue in the near future.

In fact, both PBT and PAT for the quarter are at their highest in the last five quarters, indicating a positive trend in profitability. The company's Earnings per Share (EPS) for the quarter is also at its highest in the last five quarters, showing that Suraj Estate has created higher earnings for its shareholders.

However, the company's Operating Cash Flow for the year is at its lowest in the last three years. This means that the company's cash revenues from business operations are falling. This is an area that Suraj Estate may need to focus on in order to maintain its positive financial performance.

Overall, Suraj Estate Developers has shown a strong financial performance in the quarter ending September 2024. With a 'Hold' call from MarketsMOJO, the company is expected to continue its positive trend in the near future.