Zuari Agro Chemicals Reports Mixed Performance in Q1 FY25 Financial Results

Zuari Agro Chemicals, a microcap company in the fertilizer industry, has recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Zuari Agro Chem. has seen a negative performance in the quarter, with a score of -13, which has improved from -20 in the last three months. However, there are some positive aspects to the company’s financials.

The Profit Before Tax less Other Income (PBT) for the quarter was Rs 46.30 crore, showing a growth of 153.2% compared to the average PBT of the previous four quarters, which was Rs 18.29 crore. This indicates a very positive trend in the near term for PBT.

On the other hand, the Profit After Tax (PAT) for the quarter was Rs 9.16 crore, showing a decline of -63.3% compared to the average PAT of the previous four quarters, which was Rs 24.95 crore. This indicates a very negative trend in the near term for PAT.

In terms of sales, the company’s net sales for the half-yearly period were Rs 1,994.32 crore, showing a decline of -21.62% Year on Year (YoY). This indicates a negative trend in the near term for sales.

The company’s cash and cash equivalents for the half-yearly period were at its lowest at Rs 388.64 crore in the last six half-yearly periods. This indicates a deteriorating short-term liquidity for the company.

Overall, Zuari Agro Chemicals has shown a mixed performance in the quarter ending June 2024. While there are some positive aspects, there are also some areas of concern that need to be addressed. Investors are advised to carefully consider these factors before making any investment decisions.