Teesta Agro Industries Reports Mixed Financial Results for Q1 FY25

Teesta Agro Industries, a microcap company in the fertilizer industry, recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Teesta Agro Industries has seen a negative performance in the quarter, with a score of -9. However, this is an improvement from the previous quarter’s score of -24.

One of the positive aspects of the company’s financials is its operating cash flow, which has been consistently growing over the past three years and is currently at its highest at Rs 5.53 crore. This indicates that the company has been able to generate higher cash revenues from its business operations.

On the other hand, the company’s profit after tax (PAT) for the nine-month period has decreased by 50% year on year, with a current value of Rs 3.20 crore. The trend for PAT in the near term is also negative. Additionally, the inventory turnover ratio for the half-yearly period has fallen consistently over the past five periods, indicating a slower pace of selling inventory.

In terms of sales, Teesta Agro Industries has reported its lowest net sales of Rs 30.13 crore in the last five quarters, with a negative trend in the near term. The company has also distributed a lower dividend per share (DPS) of Rs 0.00 in the last five years, and the dividend payout ratio (DPR) has also been consistently low at 0.00%.

Overall, Teesta Agro Industries has shown a mix of positive and negative financial performance in the quarter ending March 2024. Investors should carefully consider these factors before making any investment decisions.