How has been the historical performance of Ashiana Ispat?

Answer:The historical performance of Ashiana Ispat shows a range of financial metrics from March 2010 to March 2024.

Breakdown:
In March 2010, Ashiana Ispat reported net sales of 192.96 crore, with total operating income also at 192.96 crore. The raw material cost was significant at 159.56 crore, leading to a total expenditure of 184.59 crore, resulting in an operating profit (PBDIT) of 8.46 crore. After accounting for interest and depreciation, the profit before tax stood at 3.23 crore, with a profit after tax of 2.11 crore, reflecting a PAT margin of 1.01%. Over the years, the company has seen fluctuations in its financials, with total liabilities increasing from 145.48 crore in March 2019 to 173.37 crore in March 2024. Shareholder's funds have also grown from 43.56 crore in March 2019 to 38.69 crore in March 2024, while total assets increased from 145.48 crore to 173.37 crore in the same period. Cash flow from operating activities has been negative in recent years, particularly in March 2024, where it was -1.00 crore, indicating challenges in generating cash from core operations. Overall, Ashiana Ispat's financial performance has shown variability, with notable changes in profits, liabilities, and cash flow over the years.