Synthiko Foils Reports Mixed Performance in Q2 FY25 Financial Results

Synthiko Foils, a microcap company in the aluminium and aluminium products industry, recently declared its financial results for the quarter ending September 2024. The stock has been given a ‘Strong Sell’ call by MarketsMOJO.

According to the financial report, the company’s performance has remained flat in the second quarter of the fiscal year 2024-25, with a score of -2 compared to 8 in the previous 3 months. However, there are some positive aspects to the company’s financials.

The half-yearly Profit After Tax (PAT) has increased to Rs 0.34 crore, surpassing the previous 12-month period’s PAT of Rs 0.22 crore. This indicates a growth in profitability for the company. Additionally, the company has generated the highest Operating Cash Flow of Rs 2.04 crore in the last three years, indicating a strong cash flow from its business operations.

On the other hand, there are some concerning factors in the financial report. The quarterly Net Sales have fallen by 13% to Rs 5.46 crore, compared to the average Net Sales of the previous four quarters. This shows a negative trend in sales for the company. The Operating Profit (PBDIT) for the quarter is also at its lowest in the last five quarters, indicating a decline in efficiency. The Operating Profit Margin has also decreased to 0.18%, further highlighting the company’s deteriorating efficiency. The Profit Before Tax less Other Income (PBT) for the quarter is also at its lowest in the last five quarters, showing a negative trend in PBT. The Earnings per Share (EPS) for the quarter is also at its lowest in the last five quarters, indicating a decline in profitability for shareholders.

Overall, the financial results for the quarter ending September 2024 show a mixed performance for Synthiko Foils. While there are some positive aspects, there are also some concerning factors that investors should consider before making any decisions.