How has been the historical performance of Globe Commercial?

Answer:The historical performance of Globe Commercial reflects a steady growth trajectory in various financial metrics.

Breakdown:
In the fiscal year ending March 2024, Globe Commercial reported net sales of 162.36 Cr, with total operating income matching this figure at 162.36 Cr. The company incurred total expenditures of 158.22 Cr, leading to an operating profit (PBDIT) of 4.14 Cr, which, when including other income, resulted in an operating profit of 4.18 Cr. After accounting for tax expenses of 1.13 Cr, the profit after tax stood at 3.05 Cr, translating to an earnings per share (EPS) of 5.08. The operating profit margin was recorded at 2.55%, while the profit after tax margin was 1.88%. On the balance sheet, total assets were valued at 56.94 Cr, with total liabilities at 56.94 Cr as well, indicating a balanced position. Shareholder's funds increased to 18.51 Cr, and the book value per share rose to 30.84. The cash flow analysis showed a profit before tax of 8.00 Cr, with cash flow after changes in working capital at 2.00 Cr, indicating positive cash generation despite no cash flow from operating or investing activities. Overall, Globe Commercial's financial metrics demonstrate a solid performance with improvements in profitability and asset management.