Lambodhara Textiles Reports 66.49% Net Profit Growth Amid Strong Financial Metrics

Dec 23 2024 06:21 PM IST
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Lambodhara Textiles has recently undergone an adjustment in its evaluation, reflecting positive financial performance and strong management efficiency. The company has been added to MarketsMojo's list, supported by impressive net profit growth and a solid ability to manage debt, despite facing some challenges in the market.
Lambodhara Textiles, a microcap player in the textile industry, has recently showcased impressive financial performance, highlighting its robust market position. The company reported a remarkable 66.49% growth in net profit for the quarter ending September 2024, achieving a record profit after tax of Rs 3.18 crore. Additionally, net sales reached an all-time high of Rs 60.92 crore, while the profit before depreciation, interest, and taxes (PBDIT) also peaked at Rs 7.84 crore.

The company demonstrates strong management efficiency, reflected in its return on capital employed (ROCE) of 16.08%. Furthermore, Lambodhara Textiles maintains a solid ability to service its debt, evidenced by a low debt-to-EBITDA ratio of 1.14 times.

Despite a year-over-year stock return of 12.07%, the company faces challenges, including a modest annual growth rate in net sales of 3.83% over the past five years. Additionally, 39.28% of promoter shares are pledged, which could exert downward pressure in volatile market conditions. Overall, Lambodhara Textiles continues to navigate a dynamic landscape with a focus on maintaining its operational efficiency and financial health.
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