W S Industries (India) Reports Mixed Financial Results for Q2 FY25

W S Industries (India), a microcap company in the electric equipment industry, recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, W S Industries has seen a negative performance in the quarter, with a score of -8 compared to 18 in the previous quarter. However, there are some positive aspects to the company’s financials. The debtors turnover ratio has been consistently improving over the last five half-yearly periods, indicating that the company has been able to settle its debts faster. Additionally, the company’s cash and cash equivalents have also increased in the last six half-yearly periods, showing an improvement in short-term liquidity.

On the other hand, there are some concerning factors in the financial report. The net sales for the quarter have fallen by 29.5% compared to the average net sales of the previous four quarters. This indicates a negative trend in near-term sales. The profit before tax has also decreased by 58% compared to the average of the previous four quarters, showing a negative trend in near-term profitability. The company’s ability to manage interest payments has also deteriorated, with the operating profit to interest ratio being the lowest in the last five quarters.

The company’s net sales, interest cost, operating profit, and profit before tax have all been at their lowest in the last five quarters, indicating a negative trend in these areas. The earnings per share have also decreased, showing a decline in profitability and lower earnings for shareholders.

Overall, W S Industries (India) has had a mixed financial performance in the quarter ending September 2024. While there are some positive aspects, there are also some concerning factors that investors should consider before making any decisions.