PMC Fincorp Reports Strong Profit Growth Amid Concerns Over Long-Term Fundamentals

Jan 14 2025 06:17 PM IST
share
Share Via
PMC Fincorp has recently experienced an evaluation adjustment, reflecting its performance in the finance and NBFC sector. The company reported impressive operating profit growth of 62.07% and a net profit increase of 40.01% over the past eight quarters, despite concerns regarding its long-term fundamental strength.
Recently, PMC Fincorp has undergone an adjustment in evaluation, reflecting the company's current market dynamics and financial metrics. The firm, operating within the finance and non-banking financial company (NBFC) sector, has shown notable performance indicators, including a significant operating profit growth rate of 62.07%. This growth is complemented by a net profit increase of 40.01%, marking a consistent positive trajectory over the past eight quarters.

Despite these encouraging results, the company’s long-term fundamental strength appears to be a concern, as indicated by an average Return on Equity (ROE) of 5.38%. The stock's position has shifted into a mildly bearish range, contrasting with its previous mildly bullish trend. Technical indicators, including MACD and Bollinger Bands, are currently signaling bearish trends, which adds complexity to the stock's outlook.

In terms of cash flow, PMC Fincorp has achieved its highest operating cash flow at Rs 10.03 crore, with net sales for the first nine months totaling Rs 20.96 crore and a profit after tax of Rs 15.09 crore. Notably, the stock has delivered a return of 24.30% over the past year, outperforming the BSE 500 index, which returned 8.20%.

For those interested in further insights, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News