D & H India Adjusts Evaluation Amid Strong Sales Growth and Debt Concerns

D & H India, a microcap player in the industrial manufacturing sector, has recently undergone an adjustment in its evaluation. This revision reflects a shift in the technical landscape surrounding the stock, with indicators suggesting a transition in sentiment. The company has demonstrated a notable performance in recent quarters, with a significant growth in net sales and profit after tax. Specifically, net sales for the latest six months reached Rs 112.05 crore, marking a growth of 23.61%, while profit after tax surged by 150.75% to Rs 3.36 crore. Additionally, the operating profit has shown a robust annual growth rate of 63.48%. Despite these positive trends, the company faces challenges related to its debt management, as indicated by a high Debt to EBITDA ratio of 4.23 times. Furthermore, the return on equity stands at an average of 7.27%, suggesting limited profitability relative to shareholders' funds. Overall, while D & H India has achieved consistent returns over the past three years, the recent evaluation adjustment highlights the complexities of its financial position and market dynamics. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.