How has been the historical performance of Danlaw Tech.?
Danlaw Tech has shown significant growth from March 2020 to March 2022, with net sales increasing from 54.85 Cr to 121.58 Cr, and turning losses into profits in operating profit, profit before tax, and profit after tax. The company's total assets and liabilities also grew proportionally, reflecting a strong recovery in financial performance.
Answer:The historical performance of Danlaw Tech shows significant growth in net sales and profitability over the years, particularly from March 2020 to March 2022.Breakdown:
Danlaw Tech's net sales have increased from 54.85 Cr in March 2020 to 121.58 Cr in March 2022, indicating a strong upward trend. The total operating income followed a similar trajectory, rising from 54.85 Cr in March 2020 to 121.58 Cr in March 2022. The company's total expenditure also grew, from 59.11 Cr in March 2020 to 115.71 Cr in March 2022, reflecting the increased operational scale. Operating profit (PBDIT) improved significantly, moving from a loss of 4.26 Cr in March 2020 to a profit of 10.60 Cr in March 2022. Profit before tax also turned positive, increasing from a loss of 6.66 Cr in March 2020 to a profit of 4.86 Cr in March 2022, while profit after tax rose from a loss of 5.20 Cr to a profit of 4.16 Cr in the same period. The company's total assets increased from 63.25 Cr in March 2020 to 86.45 Cr in March 2022, and total liabilities rose from 63.25 Cr to 86.45 Cr, indicating a proportional growth in both assets and liabilities. Cash flow from operating activities improved to 5.00 Cr in March 2022 from 0.00 Cr in March 2021, showcasing a recovery in cash generation capabilities. Overall, Danlaw Tech has demonstrated a robust recovery and growth in its financial performance over the past few years.
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