How has been the historical performance of Howard Hotels?

Answer:The historical performance of Howard Hotels shows a gradual increase in net sales and operating income over the years, with net sales rising from 1.72 Cr in Mar'21 to 16.16 Cr in Mar'25. Total operating income followed a similar trend, reaching 16.16 Cr in Mar'25 from just 4.31 Cr in Mar'22. However, the company faced fluctuations in operating profit, achieving an operating profit of 1.97 Cr in Mar'25, down from 2.10 Cr in Mar'24. Profit before tax also saw a decline to 0.57 Cr in Mar'25 from 1.28 Cr in Mar'24, while profit after tax decreased to 0.43 Cr from 0.95 Cr in the same period. The company's total liabilities decreased slightly to 19.30 Cr in Mar'25 from 19.60 Cr in Mar'24, with total assets also declining to 19.30 Cr from 19.60 Cr. Cash flow from operating activities remained stable at 2.00 Cr in both Mar'25 and Mar'24, but cash flow from investing activities improved, showing a less negative figure of -1.00 Cr in Mar'25 compared to -3.00 Cr in Mar'24.

Breakdown:
Howard Hotels has demonstrated a consistent upward trajectory in net sales, which increased significantly from 1.72 Cr in Mar'21 to 16.16 Cr in Mar'25, indicating strong revenue growth. Total operating income mirrored this growth, reaching 16.16 Cr in Mar'25. Despite this, the operating profit showed a slight decline to 1.97 Cr in Mar'25 from 2.10 Cr in Mar'24, reflecting challenges in maintaining profitability. Profit before tax and profit after tax also decreased, with figures of 0.57 Cr and 0.43 Cr respectively in Mar'25. The company's total liabilities and assets both slightly decreased to 19.30 Cr, suggesting a stable financial position. Cash flow from operating activities remained consistent at 2.00 Cr, while cash flow from investing activities improved, indicating a reduction in investment outflows. Overall, while Howard Hotels has achieved significant revenue growth, it faces challenges in profitability and asset management.