How has been the historical performance of Indergiri Fin.?

Answer:The historical performance of Indergiri Fin. shows a significant increase in net sales, rising from 0.38 crore in Mar'21 to 2.23 crore in Mar'25. However, the company has faced increasing operational challenges, as evidenced by its total expenditure, which escalated from 0.40 crore in Mar'20 to 4.44 crore in Mar'25. This has resulted in a negative operating profit (PBDIT) that worsened from a profit of 0.04 crore in Mar'23 to a loss of 2.07 crore in Mar'25. The profit before tax also declined sharply, moving from a profit of 0.04 crore in Mar'23 to a loss of 2.09 crore in Mar'25. Consequently, the profit after tax reflected a loss of 1.57 crore in Mar'25, compared to a marginal profit of 0.01 crore in Mar'23. The company's reserves have turned negative, dropping from 0.07 crore in Mar'21 to -2.30 crore in Mar'25, indicating financial strain. Additionally, total liabilities surged from 5.21 crore in Mar'20 to 20.12 crore in Mar'25, primarily driven by an increase in short-term borrowings, which rose from 0.00 crore in Mar'23 to 16.93 crore in Mar'25. The cash flow from operating activities has consistently been negative, culminating in -12.00 crore in Mar'25, while cash flow from financing activities increased to 12.00 crore in the same period.

Breakdown:
Indergiri Fin. has experienced a notable growth in net sales, which increased significantly over the years, reaching 2.23 crore in Mar'25. Despite this growth in revenue, the company's operational costs have surged, leading to escalating total expenditures and resulting in a negative operating profit that has deteriorated over the years. The profit before tax has also shifted from a slight profit to a substantial loss, reflecting ongoing financial difficulties. The company's reserves have turned negative, indicating a decline in financial health, while total liabilities have increased dramatically, primarily due to rising short-term borrowings. The cash flow situation remains concerning, with consistent negative cash flow from operating activities, although financing activities have provided some liquidity. Overall, the financial trajectory of Indergiri Fin. suggests significant challenges ahead.