How has been the historical performance of Creative Eye?
Creative Eye has experienced a significant decline in net sales and profitability, with net sales dropping from 28.93 Cr in Mar'19 to 2.61 Cr in Mar'25, resulting in negative operating profits and consistent losses. The company's total assets and liabilities have also decreased, while cash flow from operating activities remains negative.
Answer:The historical performance of Creative Eye shows a significant decline in net sales and profitability over the years.Breakdown:
Creative Eye's net sales have experienced a downward trend, decreasing from 28.93 Cr in Mar'19 to just 2.61 Cr in Mar'25. The total operating income followed a similar pattern, dropping from 28.93 Cr in Mar'19 to 2.61 Cr in Mar'25. The company's total expenditure has also decreased, from 33.91 Cr in Mar'19 to 3.23 Cr in Mar'25, although it remains higher than the operating income, resulting in negative operating profits. The operating profit margin has worsened significantly, reaching -23.75% in Mar'25 compared to -17.21% in Mar'19. Profit before tax has consistently been negative, culminating in a loss of -0.72 Cr in Mar'25. The company's total assets decreased from 35.77 Cr in Mar'20 to 27.51 Cr in Mar'25, while total liabilities also fell from 35.77 Cr to 27.51 Cr in the same period. Cash flow from operating activities has remained negative, with a cash outflow of -1.00 Cr in Mar'25. Overall, Creative Eye has faced substantial challenges, reflected in its declining sales, profitability, and cash flow metrics.
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