In the latest quarter, Pashupati Cotspin reported net sales of ₹241.85 crores, reflecting a growth rate of 55.31% compared to previous periods. This surge in sales volume is accompanied by a profit before tax (PBT) less other income figure of ₹3.87 crores, which shows a growth rate of 130.36%. The operating profit to interest ratio reached a high of 3.52 times, indicating a stronger capacity to cover interest expenses from operating earnings. Additionally, the profit after tax (PAT) stood at ₹4.04 crores, with a growth rate of 71.2% for the quarter.
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Despite these positive movements in core operating metrics, the company’s non-operating income accounted for 33.96% of its profit before tax, which may suggest a reliance on income sources outside its primary business operations. This factor warrants consideration when analysing the sustainability of the recent financial trend changes.
From a market perspective, Pashupati Cotspin’s stock price closed at ₹817.50, down marginally by 0.55% from the previous close of ₹822.00. The stock’s 52-week trading range spans from ₹660.10 to ₹829.80, with the day’s high matching the upper range at ₹829.80. When compared to the Sensex, the stock’s returns over the past month stand at 10.45%, outperforming the Sensex’s 0.86% return for the same period. However, longer-term return data for the stock is not available, while the Sensex has recorded returns of 8.36% year-to-date and 9.48% over the past year.
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Evaluating Pashupati Cotspin’s recent quarterly performance against its historical trend reveals a shift in financial momentum. The company’s revenue growth rate of over 55% and a PBT growth exceeding 130% in the quarter stand out as significant deviations from prior periods. The operating profit to interest coverage ratio reaching 3.52 times marks a notable point in its financial health, suggesting improved operational efficiency relative to interest obligations.
However, the sizeable contribution of non-operating income to profit before tax introduces a variable that investors may wish to monitor closely. This element could affect the consistency of profitability if non-operating income fluctuates in future quarters.
In the context of the Garments & Apparels sector, where market conditions and consumer demand can be volatile, Pashupati Cotspin’s recent financial trend adjustment may reflect both internal operational factors and external market influences. The company’s market capitalisation grade remains modest, and the Mojo Score adjustment signals a revision in its evaluation parameters, reflecting the latest financial data.
Investors analysing Pashupati Cotspin should consider these quarterly financial developments alongside sector trends and broader market movements. The stock’s recent outperformance relative to the Sensex over the past month is a data point of interest, though longer-term comparative returns remain unavailable for the company.
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