How has been the historical performance of Hind.Adhesive?

Answer:The historical performance of Hind.Adhesive shows a fluctuating trend in key financial metrics over the years. Breakdown: Hind.Adhesive's net sales have decreased from 449.08 Cr in Mar'22 to 284.82 Cr in Mar'25, reflecting a downward trend. The total operating income followed a similar pattern, declining from 449.08 Cr in Mar'22 to 284.82 Cr in Mar'25. Raw material costs peaked at 322.86 Cr in Mar'22 but reduced to 160.15 Cr by Mar'25. The operating profit (PBDIT) has shown some volatility, with a notable increase to 38.73 Cr in Mar'25 from 23.61 Cr in Mar'23, while the profit before tax remained relatively stable around 21.46 Cr in Mar'25 compared to 21.85 Cr in Mar'24. Profit after tax also saw a decrease from 16.41 Cr in Mar'24 to 15.39 Cr in Mar'25. The company's total assets grew significantly from 168.05 Cr in Mar'23 to 258.67 Cr in Mar'25, driven by increases in both current and non-current assets. Total liabilities also rose, reaching 258.67 Cr in Mar'25, with long-term borrowings increasing from 17.48 Cr in Mar'24 to 39.77 Cr in Mar'25. Cash flow from operating activities improved to 18.00 Cr in Mar'25, while cash flow from investing activities turned negative at -49.00 Cr, indicating substantial investments. The closing cash and cash equivalents increased to 6.00 Cr in Mar'25 from 2.00 Cr in Mar'24, suggesting improved liquidity.