Aastamangalam Finance Shows Mixed Financial Performance Amidst Significant Sales Growth

Aastamangalam Finance, a microcap player in the Non-Banking Financial Company (NBFC) sector, has recently undergone a financial trend adjustment reflecting its performance metrics. The company reported a significant growth in net sales over the last six months, reaching Rs 8.55 crore, which marks an impressive increase of 91.28%. Additionally, the profit after tax (PAT) for the nine-month period stands at Rs 5.31 crore, indicating a solid financial foundation.
However, the company faces challenges as evidenced by its quarterly PAT, which has fallen to Rs 0.25 crore, a decline of 87.4% compared to the previous four-quarter average. Furthermore, the earnings per share (EPS) for the quarter is at its lowest, recorded at Rs 0.16.

In terms of market performance, Aastamangalam Finance has shown varied returns compared to the Sensex. Over the past week, the stock returned 9.00%, while the Sensex saw a slight decline of 0.35%. However, on a year-to-date basis, the stock has underperformed with a return of -27.12%, contrasting with the Sensex's gain of 4.06%. Despite these fluctuations, the company has demonstrated resilience over longer periods, with a notable 152.67% return over three years and 162.60% over five years.