Pacific Industries Reports Flat Q3 Performance Amid Rising Interest Expenses and Low ROE

Pacific Industries, a microcap player in the Mining & Minerals sector, has recently undergone an evaluation adjustment that reflects its current market standing. The company has reported flat financial performance for the third quarter of FY24-25, with a notable Return on Equity (ROE) of 2.35%, indicating challenges in profitability relative to shareholders' funds.
In terms of financial metrics, the Profit After Tax (PAT) for the first nine months stands at Rs 5.34 crore, showing a decline of 25.42%. Meanwhile, interest expenses have increased by 21.97%, which may raise concerns about financial management. The Debtors Turnover Ratio has reached a low of 3.45 times, suggesting potential inefficiencies in collecting receivables.

Additionally, Pacific Industries maintains a low Debt to Equity ratio of 0.02 times, which reflects a conservative approach to leveraging. However, the technical indicators are signaling a sideways trend, with no clear price momentum observed. Despite these challenges, the stock has generated a return of 19.29% over the past year, outperforming the broader market.

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