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Salona Cotspin Reports Mixed Financial Results Amid Sales Decline and Rising Costs in December 2024
Salona Cotspin has released its financial results for the quarter ending December 2024, showcasing a mixed performance. While the company achieved its highest operating profit margin in five quarters at 5.89% and an operating profit of Rs 9.32 crore, net sales fell to Rs 158.29 crore, the lowest in the same period. Additionally, interest expenses rose significantly, indicating increased borrowing costs.
Salona Cotspin Sees Revision in Stock Evaluation Amid Mixed Performance Indicators Salona Cotspin, a microcap player in the textile industry, has recently undergone a revision in its stock evaluation by MarketsMOJO. This adjustment highlights the company's impressive management efficiency, as evidenced by a robust return on capital employed (ROCE) of 15.83%. This metric showcases the firm's operational effectiveness, even as it grapples with challenges in profit generation, having reported a decline of 28.8% over the past year. Despite these hurdles, Salona Cotspin has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 44.58%. However, the stock's technical trend remains sideways, indicating a lack of clear price momentum. Since the last evaluation on December 30, 2024, the stock has generated modest returns of 1.32%, underperforming compared to the broader market, which saw gains of 14.51% during the same period. Valuation-wise, Salona Cotspin appears attractive, trading at a discount relative to its historical averages, with an enterprise value to capital employed ratio of 1.2. However, the company faces challenges with a high debt-to-EBITDA ratio of 3.64 times, suggesting a low ability to service its debt obligations. In light of these factors, Salona Cotspin has been added to MarketsMOJO's list, reflecting a nuanced view of its current market position.
Salona Cotspin has recently undergone a revision in its score by MarketsMOJO, reflecting the company's mixed financial performance. While it showcases strong management efficiency and impressive long-term sales growth, challenges such as a high debt-to-EBITDA ratio and recent profit declines have tempered its market position. The stock has also been added to MarketsMOJO's list, indicating ongoing interest despite its recent underperformance compared to broader market indices.
Salona Cotspin downgraded to 'Sell' by MarketsMOJO due to high debt and declining profits
Salona Cotspin, a microcap textile company, was recently downgraded to a 'Sell' by MarketsMOJO due to a high debt to EBITDA ratio and declining profits. Despite underperforming the market, the company has shown strong management efficiency and a healthy growth rate. The stock is currently trading at a discount and has majority shareholder confidence, but investors should consider the recent downgrade and financial performance before investing.
Salona Cotspin's Q3 financial report shows decline in sales and profit, receives 'Hold' call
Salona Cotspin, a microcap textile company, reported flat performance for the quarter ending September 2024 with a score of -5. Net sales have decreased by 13.9% and profit after tax has seen a decline of 22.66% year on year. MarketsMOJO has given a 'Hold' call for the company's stock.
Salona Cotspin Receives Upgraded Stock Call from MarketsMOJO, Showing Potential for Growth
Salona Cotspin, a microcap textile company, has received an upgraded stock call from MarketsMOJO to 'Hold' on November 11, 2024. The upgrade is based on the company's high management efficiency, healthy long-term growth, and bullish technical indicators. However, the company's profits have fallen and it has a high debt ratio. The stock has underperformed the market in the past year.
Salona Cotspin Downgraded to 'Sell' by MarketsMOJO Due to High Debt and Declining Profits
Salona Cotspin, a microcap textile company, has been downgraded to a 'Sell' by MarketsMOJO due to its high debt to EBITDA ratio and decline in profits. Despite showing high management efficiency and attractive valuation, the stock has been on a downward trend and underperformed the market in the past year. Investors should carefully consider these factors before investing.
Salona Cotspin Receives Upgraded Stock Call from MarketsMOJO, Showing Strong Management Efficiency and Long-Term Growth Potential
Salona Cotspin, a microcap textile company, has received an upgraded stock call from MarketsMOJO to 'Hold' on August 19, 2024. The company's high management efficiency with a ROCE of 15.83% and healthy long-term growth with net sales growing at an annual rate of 44.15% are some positive factors. However, profits have fallen by -52.2% in the past year and the company has a high Debt to EBITDA ratio of 3.64 times.
Salona Cotspin's Q1 2024 Financial Report Shows Mixed Results, Positive Trend in Near Term
Salona Cotspin, a microcap textile company, has reported its financial results for the quarter ending March 2024. While the company's performance has remained flat, there are some positive signs such as a 48.1% growth in Profit After Tax and a 23.95% growth in Net Sales. However, the company's interest cost has also increased significantly. Investors should carefully evaluate these factors before investing.
Salona Cotspin downgraded to 'Sell' by MarketsMOJO due to high debt and flat financial results
Salona Cotspin, a microcap textile company, has been downgraded to a 'Sell' by MarketsMOJO due to its high debt to EBITDA ratio and flat financial results for the quarter ending in March 2024. The stock has underperformed the market and is currently in a Mildly Bearish range with a -8.34% return. Despite positive factors such as high management efficiency and attractive valuations, MarketsMOJO advises caution due to the current financial and technical factors.
Salona Cotspin Receives 'Hold' Rating from MarketsMOJO, Shows Strong Management Efficiency and Long-Term Growth
Salona Cotspin, a microcap textile company, has received a 'Hold' rating from MarketsMOJO based on its high management efficiency and healthy long-term growth. The stock is currently in a Mildly Bullish range with bullish technical factors and attractive valuation. However, profits have fallen and the company has a high debt ratio, while underperforming the market in the last year. Majority shareholders are promoters, but investors should consider the company's current financial situation before making any decisions.
Salona Cotspin Downgraded to 'Sell' by MarketsMOJO, High Debt and Flat Financial Results Raise Concerns
Salona Cotspin, a microcap textile company, was downgraded to 'Sell' by MarketsMOJO on June 26, 2024 due to high debt and flat financial results. The stock is currently in a Mildly Bearish range and has underperformed the market. However, it has a high management efficiency and attractive valuation. Profits have fallen and majority shareholders are promoters. Careful consideration is advised before investing.
Salona Cotspin downgraded to 'Sell' by MarketsMOJO due to high debt and negative growth
Salona Cotspin, a microcap textile company, has been downgraded to 'Sell' by MarketsMOJO due to its high debt to EBITDA ratio and negative financial results. The company has underperformed the market and its stock has been trading at a discount. While it has some positive aspects, caution is advised for potential investors.
Salona Cotspin Receives 'Hold' Rating from MarketsMOJO, Shows High Management Efficiency and Potential for Long-Term Growth
Salona Cotspin, a microcap textile company, has received a 'Hold' rating from MarketsMOJO due to its high management efficiency with a ROCE of 0%. The stock is currently in a Mildly Bullish range and has an attractive valuation. However, the company's high debt and recent negative results should also be considered before investing.
Salona Cotspin downgraded to 'Sell' by MarketsMOJO due to financial concerns
Salona Cotspin, a microcap textile company, has been downgraded to 'Sell' by MarketsMOJO due to its high debt to EBITDA ratio and negative financial results in December 2023. Despite some positive aspects, such as high management efficiency and a healthy growth rate, the stock has underperformed the market and its profits have decreased. Investors should approach with caution.
Salona Cotspin Receives Upgraded Stock Call from MarketsMOJO, Showing Potential for Growth Despite Challenges
Salona Cotspin, a microcap textile company, has received an upgraded stock call from MarketsMOJO to 'Hold' on April 29, 2024. The upgrade is based on the company's high management efficiency and healthy long-term growth. However, the company has faced challenges with falling profits and a high debt to EBITDA ratio.
Salona Cotspin Downgraded to 'Sell' by MarketsMOJO: High Debt and Negative Financial Performance Raise Concerns
Salona Cotspin, a microcap textile company, has been downgraded to 'Sell' by MarketsMOJO due to its high debt to EBITDA ratio and negative financial performance. Despite showing high management efficiency and a healthy long-term growth rate, the stock has underperformed the market and has a sideways technical trend. Investors should carefully consider their position in the company.
Salona Cotspin Ltd. Stock Hits 52-Week High, Outperforms Sensex in Textile Sector
Salona Cotspin Ltd., a microcap textile company, has seen its stock price reach a 52-week high of Rs. 383 on April 2nd, 2024. The stock has gained momentum in the past two days, rising by 3.45%, in line with the overall performance of the textile sector. The stock has also outperformed the Sensex in the past year, showcasing its growth and potential in the market.
Salona Cotspin Ltd. Hits All-Time High, Outperforms Sector and Sensex
Salona Cotspin Ltd., a microcap textile company, saw its stock price reach an all-time high on April 2nd, 2024. The stock is currently rated as a 'Hold' by MarketsMOJO and has been performing well, with a 3.45% return in the last two days. It is currently trading above its moving averages and has outperformed the Sensex in the past year. Investors should monitor the company's future developments.
Salona Cotspin Receives 'Hold' Rating from MarketsMOJO: Positive Outlook for Microcap Textile Company
Salona Cotspin, a microcap textile company, has received a 'Hold' rating from MarketsMOJO on April 1, 2024. The company has shown high management efficiency with a ROCE of 15.83% and healthy long-term growth with net sales growing at an annual rate of 38.61%. However, there are concerns about the high debt ratio and negative results in December 2023.
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