How has been the historical performance of Dhani Services?

Answer:The historical performance of Dhani Services shows a significant decline in net sales and profitability over the years, culminating in a challenging financial position by March 2025.

Breakdown:
Dhani Services experienced a steady decline in net sales from INR 2,914.79 crore in March 2020 to INR 394.77 crore in March 2025. This downward trend is mirrored in total operating income, which decreased from INR 2,914.79 crore in March 2020 to the same INR 394.77 crore in March 2025. The company faced substantial operating losses, with operating profit (PBDIT) dropping from INR 942.82 crore in March 2020 to a loss of INR 11.76 crore in March 2025. Profit before tax also reflected this negative trajectory, moving from a profit of INR 27.04 crore in March 2020 to a loss of INR 13.99 crore in March 2025. Consequently, profit after tax showed a similar decline, with losses increasing from INR 229.77 crore in March 2021 to INR 67.65 crore in March 2025. The company's total liabilities decreased from INR 11,404.53 crore in March 2020 to INR 3,097.93 crore in March 2025, while total assets also fell from INR 11,404.53 crore to INR 3,097.93 crore over the same period. Cash flow from operating activities turned positive in March 2025 at INR 98 crore, but overall cash flow trends indicate a challenging liquidity position, with closing cash and cash equivalents at INR 265 crore in March 2025 compared to INR 2,010 crore in March 2020.