How has been the historical performance of Hemang Resources?

Answer:The historical performance of Hemang Resources shows significant fluctuations in its financial metrics over the years. Breakdown: Hemang Resources experienced a notable decline in net sales, dropping from 205.05 Cr in Mar'23 to just 8.80 Cr in Mar'25. This decline is reflected in total operating income, which also fell sharply from 205.05 Cr in Mar'23 to 8.80 Cr in Mar'25. The company's total expenditure, excluding depreciation, decreased from 195.06 Cr in Mar'23 to 8.90 Cr in Mar'25, indicating a substantial reduction in operational costs. Operating profit (PBDIT) turned negative in Mar'24 and Mar'25, with figures of -3.24 Cr and -0.10 Cr respectively, following a positive 11.12 Cr in Mar'23. Profit before tax also saw a decline, moving from 10.97 Cr in Mar'23 to 0.86 Cr in Mar'25. The profit after tax followed a similar trend, decreasing from 7.38 Cr in Mar'23 to 0.54 Cr in Mar'25. The company's total liabilities decreased from 69.81 Cr in Mar'23 to 55.62 Cr in Mar'24, while total assets also declined from 69.81 Cr to 55.62 Cr in the same period. Cash flow from operating activities remained at 0.00 Cr in Mar'24 and Mar'23, indicating a lack of cash generation from core operations. Overall, Hemang Resources has faced significant challenges in maintaining its financial performance over the past few years.