How has been the historical performance of Atlas Cycles?

Answer:The historical performance of Atlas Cycles shows a declining trend in net sales and profitability over the years.

Breakdown:
Atlas Cycles experienced a decrease in net sales from 586.32 Cr in March 2015 to 538.36 Cr in March 2019. Other operating income also fell significantly, dropping from 8.27 Cr in March 2015 to 0.00 Cr in March 2019. Consequently, total operating income decreased from 594.59 Cr in March 2015 to 538.36 Cr in March 2019. The company's total expenditure, excluding depreciation, fluctuated but ultimately rose to 584.12 Cr in March 2019 from 613.38 Cr in March 2015. Operating profit (PBDIT) turned negative, reaching -45.20 Cr in March 2019, compared to -10.28 Cr in March 2015. This led to a profit before tax of -56.44 Cr in March 2019, down from -27.98 Cr in March 2015, and a profit after tax of -45.84 Cr in March 2019, worsening from -18.95 Cr in March 2015. The company's total assets decreased from 272.41 Cr in March 2019 to 88.14 Cr in March 2023, while total liabilities also fell from 272.41 Cr to 88.14 Cr in the same period. Cash flow from operating activities remained negative, with -11.00 Cr in March 2020, reflecting ongoing financial challenges. Overall, Atlas Cycles has faced significant declines in sales, profits, and asset values over the years.