How has been the historical performance of ASL Industries?

Answer:The historical performance of ASL Industries shows a significant decline in net sales and overall financial health over the years, culminating in zero sales from March 2023 to March 2025.

Breakdown:
ASL Industries experienced a sharp decline in net sales from 67.27 crore in March 2019 to 0.00 crore by March 2025, indicating a complete cessation of revenue generation. Total operating income followed a similar trend, dropping from 67.27 crore in March 2019 to 0.00 crore in March 2025. The company’s total expenditure also decreased significantly, from 65.39 crore in March 2019 to 0.27 crore in March 2025, reflecting reduced operational activity. Operating profit, which was positive at 2.11 crore in March 2019, turned negative by March 2025, with a loss of 0.27 crore. Profit before tax and profit after tax also showed a downward trajectory, with profit after tax declining from a loss of 3.40 crore in March 2019 to a mere 0.09 crore in March 2025. The company maintained a stable equity capital of 10.42 crore throughout the years, while reserves increased slightly from 19.75 crore in March 2019 to 24.62 crore in March 2025. Total liabilities remained relatively stable, with a slight increase from 34.80 crore in March 2023 to 34.88 crore in March 2025. Cash flow from operating activities remained non-existent from March 2021 onwards, indicating severe liquidity issues. Overall, ASL Industries has faced a drastic decline in performance, leading to a complete halt in operations by March 2025.