Raghuvir Synthetics Faces Mixed Performance Amid Rising Profits and Financial Challenges

Raghuvir Synthetics, a microcap player in the Garments & Apparels industry, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in the technical outlook, moving from a mildly bearish stance to a bearish one.
The stock's performance indicators reveal a mixed picture. Over the past year, Raghuvir Synthetics has generated a return of -4.53%, while the broader BSE500 index has shown a slight decline of -0.61%. In contrast, the company has reported a notable increase in profits, rising by 112.1%, despite the stock's overall performance lagging behind its peers.

Key financial metrics indicate a positive trend in net sales, which reached Rs 172.68 crore, marking a growth of 24.36% over the latest six months. Additionally, the company has consistently reported positive results for the last nine consecutive quarters, with the highest quarterly operating profit to net sales ratio recorded at 7.74%.

However, the long-term fundamentals present challenges, including a low Return on Capital Employed (ROCE) of 4.01% and a high Debt to EBITDA ratio of 4.65 times, which may impact the company's ability to service its debt effectively.

For more insights on Raghuvir Synthetics and its financial trend performance, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.