How has been the historical performance of BKV Industries?

Answer:The historical performance of BKV Industries shows a consistent trend in net sales, remaining stable at 0.80 Cr from March 2023 to March 2025, with a gradual increase from 0.62 Cr in March 2021. The total operating income also mirrored this stability, holding at 0.80 Cr for the last three years. However, the company's total expenditure has seen an upward trend, rising from 0.41 Cr in March 2021 to 0.83 Cr in March 2025. This increase has negatively impacted the operating profit, which turned to a loss of -0.03 Cr in March 2025, down from a profit of 0.22 Cr in March 2023. Consequently, the profit before tax and profit after tax both reported zero in March 2025, a significant decline from 0.22 Cr and 0.20 Cr respectively in March 2023. The earnings per share (EPS) also fell to 0.0 in March 2025 from 0.14 in March 2023. On the balance sheet, total liabilities increased from 4.31 Cr in March 2020 to 4.79 Cr in March 2025, while total assets rose from 4.31 Cr to 4.79 Cr in the same period. The cash and cash equivalents remained at zero throughout the years, indicating no cash inflow or outflow.

Breakdown:
BKV Industries has maintained stable net sales of 0.80 Cr over the last three years, with a gradual increase from 0.62 Cr in March 2021. Despite this stability in revenue, total expenditure has increased significantly, leading to an operating loss of -0.03 Cr in March 2025, a stark contrast to the profits recorded in previous years. The profit before tax and profit after tax both stood at zero in March 2025, down from 0.22 Cr and 0.20 Cr respectively in March 2023. The company's EPS also dropped to 0.0 in March 2025 from 0.14 in March 2023. On the balance sheet, total liabilities have risen to 4.79 Cr, while total assets have matched this increase, indicating a consistent growth in the company's financial position. However, the persistent zero cash flow suggests a lack of operational liquidity and financial maneuverability.