How has been the historical performance of Himalaya Food?

Answer:The historical performance of Himalaya Food shows significant fluctuations over the past three years, particularly in net sales and profitability.

Breakdown:
In the fiscal year ending March 2024, Himalaya Food reported net sales of 47.19 Cr, a decline from 68.37 Cr in March 2023 and 62.59 Cr in March 2022. The total operating income mirrored this trend, remaining at 47.19 Cr in March 2024, down from 68.37 Cr in the previous year. The company experienced a notable reduction in total expenditure, which decreased to 35.99 Cr in March 2024 from 115.08 Cr in March 2023. This reduction contributed to an operating profit (PBDIT) of 11.26 Cr in March 2024, a recovery from a loss of 17.57 Cr in March 2023. Profit before tax improved to 4.24 Cr in March 2024, compared to a loss of 24.71 Cr in the prior year, while profit after tax also turned positive at 4.90 Cr, recovering from a loss of 24.20 Cr in March 2023. The earnings per share (EPS) reflected this recovery, rising to 0.78 in March 2024 from -3.84 in March 2023. Despite these improvements, the company’s cash flow from operating activities remained negative at -2.00 Cr in March 2024, indicating ongoing challenges in cash generation. Overall, while there are signs of recovery in profitability, the decline in sales and negative cash flow suggest that Himalaya Food is still navigating a difficult financial landscape.