How has been the historical performance of Asi Industries?

Answer:The historical performance of Asi Industries shows a significant decline in financial health, particularly in the most recent fiscal year ending March 2022.

Breakdown:
Asi Industries experienced fluctuating net sales over the years, with a peak of 314.11 Cr in March 2018, followed by a decline to 238.03 Cr in March 2022. The total operating income mirrored this trend, reaching 259.91 Cr in March 2019 but dropping to 238.03 Cr in March 2022. The company faced rising raw material costs, which increased from negligible amounts in previous years to 61.44 Cr in March 2022. Total expenditure, excluding depreciation, surged to 252.20 Cr in March 2022, leading to an operating profit (PBDIT) of -14.17 Cr, a stark contrast to the positive 36.62 Cr recorded in March 2021. Consequently, the profit before tax plummeted to -63.36 Cr in March 2022, down from 16.07 Cr the previous year, resulting in a profit after tax of -55.90 Cr. This downturn is reflected in the earnings per share, which fell to -6.2 in March 2022 from 1.32 in March 2021. The cash flow from operating activities improved to 60.00 Cr in March 2022, but the overall cash flow from financing activities showed a significant outflow of -204.00 Cr, contributing to a net cash outflow of -2.00 Cr for the year. Overall, the financial metrics indicate a troubling trend for Asi Industries, with substantial losses and declining revenues in the latest fiscal year.