How has been the historical performance of Asi Industries?

Answer:The historical performance of Asi Industries has shown significant fluctuations over the years, particularly in net sales and profitability. In the fiscal year ending March 2022, net sales were reported at 238.03 Cr, an increase from 226.80 Cr in March 2021, but a decline from 259.91 Cr in March 2019. The total operating income mirrored this trend, reaching 238.03 Cr in March 2022, up from 226.80 Cr in the previous year. However, the company faced a substantial increase in total expenditure, which rose to 252.20 Cr in March 2022 from 190.18 Cr in March 2021, leading to an operating profit (PBDIT) of -8.69 Cr, a sharp decline from 40.41 Cr in the prior year. Consequently, the profit before tax plummeted to -63.36 Cr in March 2022, compared to a profit of 16.07 Cr in March 2021, resulting in a profit after tax of -55.90 Cr, down from 11.39 Cr the previous year.

In terms of assets and liabilities, total assets decreased to 453.66 Cr in March 2022 from 734.49 Cr in March 2021, while total liabilities also fell to 453.66 Cr from 734.49 Cr, indicating a significant reduction in the company's financial base. The cash flow from operating activities improved to 60.00 Cr in March 2022 from 29.00 Cr in March 2021, but the cash flow from investing activities showed a negative trend at -142.00 Cr, compared to -28.00 Cr the previous year. Overall, the company has experienced a challenging financial landscape, with notable declines in profitability and asset values, despite some improvements in sales and operating cash flow.

Breakdown:
Asi Industries has experienced a volatile financial trajectory over the years, with net sales increasing to 238.03 Cr in March 2022 from 226.80 Cr in March 2021, yet still lower than the 259.91 Cr recorded in March 2019. The total operating income followed a similar pattern, reaching 238.03 Cr in March 2022. However, total expenditure surged to 252.20 Cr in March 2022, leading to an operating profit of -8.69 Cr, a stark contrast to the 40.41 Cr profit in the previous year. This decline continued with profit before tax dropping to -63.36 Cr and profit after tax to -55.90 Cr in March 2022. On the balance sheet, total assets and liabilities both decreased to 453.66 Cr, reflecting a significant contraction in the company's financial position. Cash flow from operating activities improved to 60.00 Cr, but cash flow from investing activities worsened to -142.00 Cr, indicating ongoing challenges in managing investments and overall financial health.