The company’s net sales for the quarter stood at ₹21.01 crores, showing a decline of 14.1% relative to previous quarters. This downturn is accompanied by a negative operating profit margin of -14.80%, marking one of the lowest points in recent periods. The Profit Before Tax (PBT) less other income registered at ₹-4.21 crores, while the Profit After Tax (PAT) for the nine months ended at ₹0.00 crores, indicating a 22.13% reduction over the comparable period. Earnings Per Share (EPS) for the quarter was recorded at ₹-0.72, underscoring the financial strain.
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Sharika Enterprises’ operating cash flow for the year is at its lowest, recorded at ₹-1.48 crores, while the PBDIT for the quarter is ₹-3.11 crores. The company’s debtor turnover ratio for the half-year is 2.01 times, which is also among the lowest in recent history, indicating potential challenges in receivables management. These financial parameters collectively contribute to the adjustment in the company’s evaluation and the recent revision in its financial trend score, which has fallen from -4 to -17 over the last three months.
From a market perspective, Sharika Enterprises’ stock price closed at ₹14.02 on the latest trading day, down 4.95% from the previous close of ₹14.75. The stock’s 52-week high and low are ₹23.98 and ₹12.05 respectively, with the current price closer to the lower end of this range. Short-term returns have been negative, with a one-week and one-month return of -6.66%, contrasting with the Sensex’s positive returns of 0.96% and 0.86% over the same periods. Year-to-date and one-year returns for Sharika Enterprises are -29.01% and -21.63%, respectively, while the Sensex has posted gains of 8.36% and 9.48% over these intervals.
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Looking at longer-term performance, Sharika Enterprises has delivered a 3-year return of 83.27%, outperforming the Sensex’s 37.31% over the same period. However, its 5-year return of 69.94% trails the Sensex’s 91.65%, suggesting variability in performance relative to the broader market. The absence of 10-year return data limits a full long-term comparison.
In summary, Sharika Enterprises’ recent quarterly results indicate a negative shift in financial parameters, with declines in sales, profitability, and cash flow metrics. These developments have influenced the company’s financial trend evaluation, reflecting a period of operational challenges. Investors may wish to consider these factors alongside broader market conditions and sectoral trends when analysing the stock’s outlook.
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