Va Tech Wabag's Q1 FY25 financials show steady cash flow and growth in PBT, but PAT declines

Va Tech Wabag, a midcap company in the capital goods industry, has recently declared its financial results for the quarter ending March 2024. According to the latest report, the company has shown a flat performance in the quarter, with a slight improvement in its overall score.

One of the key highlights of the financials is the company’s strong operating cash flow, which has been consistently growing over the past three years. This indicates that Va Tech Wabag has been able to generate higher cash revenues from its business operations.

Another positive aspect is the company’s quarterly profit before tax (PBT), which has shown a significant growth of 54.57% year on year. This trend is expected to continue in the near future, indicating a positive outlook for the company.

On the other hand, the half-yearly profit after tax (PAT) has shown a decline of 30.11% year on year, which is a cause for concern. Additionally, the company’s debtors turnover ratio has also decreased in the last five half-yearly periods, indicating a slower pace in settling its debtors.

Overall, Va Tech Wabag’s financial performance for the quarter ending March 2024 has been mixed, with some positive and negative aspects. MarketsMOJO has given a ‘Hold’ call for the company’s stock, suggesting a neutral stance for investors.