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, particularly in net sales and profitability.

Breakdown:
Hemang Resources experienced a notable decline in net sales from 205.05 Cr in Mar'23 to just 8.80 Cr in Mar'25, reflecting a downward trend over the years. The total operating income followed a similar pattern, decreasing from 205.05 Cr in Mar'23 to 8.80 Cr in Mar'25. Operating profit, which was positive at 11.12 Cr in Mar'23, turned negative in subsequent years, culminating in a loss of 0.10 Cr in Mar'25. Profit before tax also saw a decline, moving from 10.97 Cr in Mar'23 to 0.86 Cr in Mar'25, while profit after tax dropped 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 52.85 Cr in Mar'25, and total assets also fell from 69.81 Cr to 52.85 Cr in the same period. Cash flow from operating activities remained stagnant at 0.00 Cr in Mar'25, indicating challenges in generating cash from core operations. Overall, Hemang Resources has faced significant financial challenges, particularly in revenue generation and profitability, over the past few years.