Vishal Fabrics Reports Positive Financial Results for Q2 FY25, Receives 'Hold' Call from MarketsMOJO

Vishal Fabrics, a microcap textile company, has recently declared its financial results for the quarter ending September 2024. The company has received a ‘Hold’ call from MarketsMOJO, indicating a neutral stance on its stock.

According to the financial report, Vishal Fabrics has shown positive performance in the quarter, with a score of 12, which is a significant improvement from 0 in the last three months. This is a positive sign for the company and its investors.

One of the key factors contributing to this positive performance is the growth in Profit Before Tax less Other Income (PBT) which has increased by 92.44% year on year. The company’s ability to manage interest payments has also improved, with the Operating Profit to Interest ratio being the highest in the last five quarters.

Moreover, the company’s efficiency has also improved, as seen in the increase in Operating Profit Margin, which is at its highest at 7.92% and has grown each quarter in the last five quarters. The Profit After Tax (PAT) has also shown a positive trend, with a growth of 46.1% year on year.

In terms of sales, Vishal Fabrics has also shown growth, with Net Sales increasing by 24.49% year on year. The company’s Operating Profit (PBDIT) is also at its highest in the last five quarters, indicating a positive trend in the near term.

However, one area of concern for the company is its Operating Cash Flow, which has been falling each year in the last three years. This indicates a decline in cash revenues from business operations.

Overall, the financial results for the quarter ending September 2024 show a positive performance for Vishal Fabrics. With a ‘Hold’ call from MarketsMOJO, the company’s stock is expected to maintain a neutral stance in the market.