How has been the historical performance of Citizen Infoline?

Answer:The historical performance of Citizen Infoline shows a consistent pattern of minimal financial activity over the years, with no profit before tax reported from March 2018 to March 2024. The company's share capital has remained stable at Rs 5.40 crore since March 2019, while total reserves have fluctuated slightly, remaining negative at -0.80 crore in March 2024, indicating ongoing financial challenges. Shareholder's funds have shown a gradual decline from Rs 4.83 crore in March 2019 to Rs 4.60 crore in March 2024. Total liabilities decreased from Rs 5.37 crore in March 2019 to Rs 4.61 crore in March 2024, reflecting a reduction in overall debt, which has been zero since March 2020. The total assets have also decreased from Rs 5.37 crore in March 2019 to Rs 4.61 crore in March 2024, with current assets slightly increasing to Rs 0.15 crore in March 2024. The book value per share has shown a slight increase from Rs 8.94 in March 2019 to Rs 8.53 in March 2024.

Breakdown:
Citizen Infoline's financial metrics reveal a stagnant operational performance with no profit before tax reported across the years. The share capital has remained unchanged at Rs 5.40 crore, while total reserves have been negative, indicating a lack of retained earnings. Shareholder's funds have decreased over the years, reflecting a decline in net worth. Total liabilities have also decreased, with the company maintaining zero debt since March 2020, which suggests a conservative approach to financing. Total assets have similarly declined, indicating a reduction in the company's resource base. Current assets have shown a slight increase, but overall, the financial health of Citizen Infoline appears to be under pressure, as evidenced by the negative reserves and declining shareholder equity. The book value per share has experienced a minor increase, suggesting some stability in the per-share valuation despite the broader financial challenges.