How has been the historical performance of Howard Hotels?

Answer:The historical performance of Howard Hotels shows a significant increase in net sales, rising from 1.72 Cr in Mar'21 to 16.16 Cr in Mar'25. The total operating income has similarly increased, reaching 16.16 Cr in Mar'25 from just 4.31 Cr in Mar'22. The total expenditure, excluding depreciation, also rose from 2.63 Cr in Mar'21 to 14.37 Cr in Mar'25, indicating a growing operational scale. Operating profit, which was negative in earlier years, turned positive with 1.79 Cr in Mar'25, although it was slightly lower than the previous year’s 1.86 Cr. Profit before tax showed a recovery, moving from a loss of 1.64 Cr in Mar'21 to a profit of 0.57 Cr in Mar'25. Profit after tax followed a similar trend, increasing from a loss of 1.51 Cr in Mar'21 to a profit of 0.43 Cr in Mar'25. The earnings per share (EPS) improved from a loss of 1.66 in Mar'21 to 0.47 in Mar'25. On the balance sheet, total liabilities decreased slightly from 19.60 Cr in Mar'24 to 19.30 Cr in Mar'25, while total assets also saw a decline from 19.60 Cr to 19.30 Cr in the same period. Cash flow from operating activities remained stable at 2.00 Cr in Mar'25, consistent with the previous year.

Breakdown:
Howard Hotels has demonstrated a robust growth trajectory in net sales, which increased significantly from 1.72 Cr in Mar'21 to 16.16 Cr in Mar'25. This upward trend in total operating income reflects the company's expanding operations, with a notable rise from 4.31 Cr in Mar'22. Despite the increase in total expenditure, which climbed to 14.37 Cr in Mar'25, the company managed to achieve a positive operating profit of 1.79 Cr, marking a recovery from previous losses. Profit before tax improved from a loss of 1.64 Cr in Mar'21 to a profit of 0.57 Cr in Mar'25, while profit after tax also turned positive, reaching 0.43 Cr. The earnings per share (EPS) improved significantly, indicating a recovery in profitability. On the balance sheet, total liabilities slightly decreased, while total assets remained stable, reflecting a solid financial position. The cash flow from operating activities remained consistent, indicating operational stability amidst growth.