Adharshila Capital Reports Negative Metrics in Q3 FY21
The company's latest quarterly filing shows negative profitability and returns, with a modest balance sheet.
Adharshila Capital's Q3 FY21 results reveal a negative Return on Equity and negative trailing EPS, indicating ongoing financial challenges for the period.
Adharshila Capital (ADVENT COMPUTER) has released its financial results for the third quarter of fiscal year 2021. The filing highlights a period of financial strain, with key profitability and return metrics in negative territory.
The company's quality metrics paint a clear picture of its current standing. Return on Equity (ROE) stands at -0.84%, reflecting a period where shareholder equity did not generate positive earnings. This is further underscored by a trailing twelve-month Earnings Per Share (EPS) of -₹0.1.
Key Points
- The company maintains a conservative debt profile, with a Debt-to-Equity ratio of 0.19.
- Liquidity appears adequate in the near term, supported by a Current Ratio of 1.3.
- Shareholders did not receive a dividend, as indicated by a 0.0% dividend yield.
The latest results confirm that Adharshila Capital's primary challenge remains translating its balance sheet strength into positive bottom-line performance.
Live Chart
· ADVENT COMPUTER
(BSE)
ISIN: INE101C01022
Also read
Want this applied to your portfolio?
Talk to a HexaWealth advisor, or sync your mutual fund data for insights tailored to your holdings.