How has been the historical performance of DCM Financial?

Answer:The historical performance of DCM Financial shows a consistent trend of zero net sales and other operating income over the past several years, indicating no revenue generation. The total operating income has also remained at zero, with raw material costs, purchase of finished goods, and other operating expenses consistently reported as zero. Employee costs have shown a slight increase from 0.39 Cr in Mar'20 to 0.66 Cr in Mar'25, while other expenses have fluctuated, peaking at 1.79 Cr in Mar'22 before decreasing to 1.37 Cr in Mar'25. The total expenditure, excluding depreciation, has varied, reaching a high of 2.34 Cr in Mar'22 and decreasing to 2.03 Cr in Mar'25. Operating profit has consistently been negative, with a loss of -2.03 Cr in Mar'25. The profit before tax has also remained negative, culminating in a loss of -0.85 Cr in Mar'25, while the profit after tax has shown a loss of -1.19 Cr for the same period. The company has maintained a share capital of 22.13 Cr, but total reserves have been negative, indicating a decline from -65.10 Cr in Mar'22 to -72.08 Cr in Mar'25. The total assets have decreased from 36.19 Cr in Mar'20 to 21.47 Cr in Mar'25, while total liabilities have also decreased, reflecting a reduction from 36.19 Cr to 21.47 Cr over the same period. Cash and cash equivalents have significantly declined from 16.32 Cr in Mar'22 to 4.80 Cr in Mar'25, indicating a tightening liquidity position.

Breakdown:
DCM Financial has not generated any net sales or operating income over the past several years, with total operating income consistently reported as zero. Employee costs have gradually increased, while other expenses have shown fluctuations. The total expenditure has decreased from a peak in Mar'22 to Mar'25. Operating profit has remained negative, with losses continuing to accumulate, leading to a negative profit before tax and profit after tax in Mar'25. The company has a stable share capital, but its reserves have worsened over the years, reflecting a deteriorating financial position. Total assets and liabilities have both decreased, indicating a contraction in the company's financial base, while cash reserves have also diminished significantly, suggesting challenges in liquidity management.