How has been the historical performance of the Poddar Housing?
Poddar Housing's historical performance shows a significant increase in net sales from Rs 27.55 crore in March 2023 to Rs 58.16 crore in March 2024, alongside a recovery in operating profit, though it still reported losses in profit before tax and net profit. The company faces ongoing challenges with profitability and debt management despite improved cash flow from operations.
Answer:The historical performance of Poddar Housing shows a fluctuating trend in net sales and profitability over the years, with a notable increase in net sales in March 2024 compared to the previous year.Breakdown:
Poddar Housing's net sales increased significantly from Rs 27.55 crore in March 2023 to Rs 58.16 crore in March 2024, although it decreased from Rs 63.50 crore in March 2022. The total operating income followed a similar pattern, reaching Rs 58.16 crore in March 2024, up from Rs 27.55 crore in March 2023. However, the company faced challenges with total expenditure, which decreased from Rs 53.24 crore in March 2023 to Rs 39.45 crore in March 2024. Operating profit (PBDIT) showed a recovery, moving from a loss of Rs 25.69 crore in March 2023 to a profit of Rs 18.71 crore in March 2024. Despite this improvement, the company reported a profit before tax of Rs -58.64 crore in March 2024, slightly better than the loss of Rs -65.31 crore in March 2023. The net profit also showed a reduction in losses, from Rs -49.69 crore in March 2023 to Rs -44.37 crore in March 2024. The company’s total liabilities increased from Rs 726.29 crore in March 2023 to Rs 726.29 crore in March 2024, while total assets also rose from Rs 726.29 crore to Rs 726.29 crore in the same period. Cash flow from operating activities improved to Rs 15 crore in March 2023, compared to a negative cash flow of Rs -42 crore in March 2022. Overall, while Poddar Housing demonstrated some recovery in sales and operating profit, it continues to face significant challenges in profitability and debt management.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
