How has been the historical performance of Advance Meter.?

Answer:The historical performance of Advance Meter shows a declining trend in net sales and profitability over the years, with significant fluctuations in various financial metrics.

Breakdown:
Advance Meter's net sales have decreased from 87.43 crore in March 2019 to 15.53 crore in March 2025, reflecting a consistent decline over the years. The total operating income followed a similar trend, dropping from 87.43 crore in March 2019 to 15.53 crore in March 2025. The company's total expenditure, excluding depreciation, increased from 78.96 crore in March 2019 to 26.74 crore in March 2025, indicating rising costs despite lower sales. Operating profit (PBDIT) has been negative since March 2021, reaching -11.21 crore in March 2025, while profit before tax also turned negative, recording -9.30 crore in the same period. The net profit mirrored this trend, falling to -9.30 crore in March 2025 from a profit of 0.49 crore in March 2019. The company's total assets decreased from 215.26 crore in March 2020 to 112.58 crore in March 2025, and total liabilities also declined from 200.96 crore to 112.58 crore during the same period. Cash flow from operating activities has been negative since March 2021, culminating in -3.00 crore in March 2025, while cash and cash equivalents dropped to zero by March 2025, indicating liquidity challenges. Overall, Advance Meter's financial performance has deteriorated significantly over the years, marked by declining sales, increasing losses, and reduced asset base.