How has been the historical performance of Hardwyn India?

Answer:The historical performance of Hardwyn India shows a steady growth in net sales and profitability over the past three years.

Breakdown:
Hardwyn India's consolidated net sales increased from 164.66 Cr in Mar'23 to 184.60 Cr in Mar'25, despite a dip in Mar'24 to 152.85 Cr. The total operating income followed a similar trend, reaching 184.60 Cr in Mar'25. The total expenditure, excluding depreciation, rose from 151.11 Cr in Mar'23 to 166.56 Cr in Mar'25, with notable increases in the purchase of finished goods and employee costs. Operating profit (PBDIT) improved from 14.26 Cr in Mar'23 to 18.81 Cr in Mar'25, reflecting a growing operating profit margin, although it slightly decreased from 10.78% in Mar'24 to 9.77% in Mar'25. Profit before tax also saw an upward trend, increasing from 13.11 Cr in Mar'23 to 15.85 Cr in Mar'25, while profit after tax rose from 9.28 Cr to 11.23 Cr in the same period. The company's total assets grew from 418.06 Cr in Mar'23 to 464.81 Cr in Mar'25, with significant increases in inventories and sundry debtors. Total liabilities also increased, from 418.06 Cr to 464.81 Cr, primarily driven by higher short-term borrowings. Cash flow from operating activities fluctuated, with a positive cash flow of 1.00 Cr in Mar'25 compared to 2.00 Cr in Mar'24. Overall, Hardwyn India demonstrates a positive trajectory in sales and profitability, alongside increasing asset levels.