How has been the historical performance of Gangotri Textile?

Answer:The historical performance of Gangotri Textile indicates a consistent trend of negative shareholder equity and stagnant financial metrics over the years.

Breakdown:
Gangotri Textile has maintained a share capital of Rs 106.73 crore consistently from March 2020 to March 2025. However, the total reserves have shown a slight deterioration, moving from -342.43 crore in March 2020 to -343.50 crore in March 2025. Shareholder's funds have also remained negative, with values hovering around -236.77 crore in March 2025, indicating a persistent financial strain. The company has not incurred any long-term borrowings, reflecting a lack of leverage, while short-term borrowings have remained constant at Rs 240.47 crore over the same period. The total liabilities have slightly increased from Rs 15.94 crore in March 2020 to Rs 15.19 crore in March 2025. Notably, the book value per share has remained negative, with a value of -100.32 in March 2025, suggesting ongoing challenges in generating profits, as evidenced by the profit before tax consistently reported at Rs 0.00 across the years. Overall, the financial data reflects a stagnant performance with no significant improvements in key metrics.