Visaka Industries Reports Mixed Financial Results for Q3 2024

Nov 14 2024 05:28 PM IST
share
Share Via
Visaka Industries, a microcap company in the construction material industry, reported a negative performance in the second quarter of fiscal year 2024-2025, with a score of -21. However, the company's Dividend Payout Ratio (DPR) has been the highest in the last five years at 503.80%. On the other hand, the Profit Before Tax (PBT) and Profit After Tax (PAT) have both fallen significantly year on year, and the company's operating cash flow and ability to manage interest payments have also deteriorated. Investors are advised to carefully consider these factors before making any investment decisions.

Visaka Industries, a microcap company in the construction material industry, recently announced its financial results for the quarter ending September 2024. The stock has been given a 'Strong Sell' call by MarketsMOJO.

According to the financials, Visaka Industries has seen a very negative performance in the second quarter of the fiscal year 2024-2025, with a score of -21 compared to -12 in the previous quarter. However, there are some positive aspects to the company's financials. The Dividend Payout Ratio (DPR) has been the highest in the last five years at 503.80%, indicating that the company is distributing a higher proportion of its profits as dividends.

On the other hand, there are some areas of concern for Visaka Industries. The Profit Before Tax (PBT) has fallen by -171.44% year on year, and the Profit After Tax (PAT) has also fallen by -226.6% year on year. The company's operating cash flow has been consistently falling in the last three years, and the Operating Profit to Interest ratio is at its lowest in the last five quarters, indicating a deteriorating ability to manage interest payments.

The Debtors Turnover Ratio has also been consistently falling in the last five half-yearly periods, and the company's net sales have shown a negative trend in the near term. The Operating Profit (PBDIT) has been at its lowest in the last five quarters, and the Operating Profit Margin has also deteriorated. The Earnings per Share (EPS) has also been declining, indicating lower profitability for shareholders.

Overall, the financial results for the quarter ending September 2024 for Visaka Industries show a mix of positive and negative aspects. Investors are advised to carefully consider these factors before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News