Trans India House Impex's Q4 financials show mixed results, with positive operating profit and liquidity but negative sales and PAT.

Trans India House Impex, a microcap IT hardware company, recently announced its financial results for the quarter ending March 2024. The stock call by MarketsMOJO for Trans India is 'Sell'.

According to the financials, Trans India's performance for the quarter remained flat, with no significant changes in the last three months. However, there are some positive aspects to note from the company's financials.

The company's operating profit (PBDIT) for the quarter was the highest in the last five quarters, at Rs 1.21 crore. The near-term trend for operating profit is also positive. Additionally, the operating profit margin for the quarter was the highest in the last five quarters, at 12.12%, indicating an improvement in the company's efficiency.

Furthermore, the profit before tax less other income (PBT) for the quarter was the highest in the last five quarters, at Rs 0.65 crore. The near-term trend for PBT is also positive. The company's cash and cash equivalents for the half-yearly period were also at its highest in the last six periods, at Rs 14.48 crore, indicating an improvement in short-term liquidity.

However, there are some areas of concern for Trans India based on its March 2024 financials. The net sales for the quarter were at Rs 9.98 crore, a decrease of 22.09% year on year (YoY). The near-term trend for sales is also very negative. The profit after tax (PAT) for the half-yearly period was at Rs 1.41 crore, a decrease of 45.77% YoY. The near-term trend for PAT is also very negative. Additionally, the net sales for the quarter were the lowest in the last five quarters, indicating a negative trend in sales.

Overall, Trans India House Impex's financial performance for the quarter ending March 2024 has been mixed, with some positive and negative aspects. Investors are advised to carefully consider these factors before making any investment decisions.