Standard Industries Faces Financial Challenges Amid Declining Profit and Cash Reserves

Mar 03 2025 06:32 PM IST
share
Share Via
Standard Industries has recently adjusted its evaluation amid flat financial performance for Q3 FY24-25. The company reported a significant decline in profit after tax and low cash reserves, alongside negative returns and a bearish stock trend. Despite a high dividend yield, it has underperformed the broader market.
Standard Industries, a microcap player in the trading industry, has recently undergone an adjustment in evaluation, reflecting a shift in its financial outlook. The company has reported flat financial performance for the third quarter of FY24-25, with notable metrics indicating challenges. Operating profit has shown a decline over the past five years, with an annual growth rate of -0.75%.

In the latest quarter, the profit after tax (PAT) registered at Rs -5.62 crore, marking a significant drop. Additionally, cash and cash equivalents have reached a low of Rs 2.57 crore, while earnings per share (EPS) stood at Rs -0.87, indicating a challenging financial environment.

The stock's technical indicators suggest a bearish trend, with recent performance generating negative returns. Despite a high dividend yield of 5.5%, the stock has underperformed the broader market, with a return of -18.26% over the past year compared to the BSE 500's -2.94%.

Furthermore, the company maintains a low debt-to-equity ratio and has a substantial institutional holding of 42.91%, reflecting a mix of stability and risk in its current financial standing.

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