How has been the historical performance of Indsil Hydro?

Answer:Indsil Hydro has experienced significant fluctuations in its financial performance over the years, particularly in net sales and profitability. In the fiscal year ending March 2024, net sales were reported at 116.61 crore, a notable decline from 176.82 crore in March 2023 and 208.43 crore in March 2022. The total operating income mirrored this trend, decreasing from 176.82 crore in March 2023 to 116.61 crore in March 2024. The company's total expenditure also decreased to 118.13 crore in March 2024 from 159.93 crore in the previous year, yet it still resulted in an operating loss of 1.52 crore. This led to a profit before tax of -8.32 crore in March 2024, down from a profit of 1.44 crore in March 2023. Consequently, the profit after tax for March 2024 was -8.97 crore, compared to -5.26 crore in March 2023. The earnings per share (EPS) reflected this downturn, falling to -3.58 in March 2024 from -3.25 in the prior year.

The balance sheet indicates a decline in total assets from 250.27 crore in March 2023 to 223.92 crore in March 2024, with total liabilities also decreasing from 250.27 crore to 223.92 crore. The company's shareholder's funds decreased to 115.19 crore in March 2024 from 125.84 crore in March 2023. Cash flow from operating activities showed a slight decrease to 7.00 crore in March 2024 from 27.00 crore in March 2023, while cash flow from investing activities increased to 14.00 crore in March 2024 from 10.00 crore in the previous year. The closing cash and cash equivalents improved to -63.00 crore in March 2024 from -84.00 crore in March 2023, indicating a gradual recovery in liquidity despite ongoing challenges.

Breakdown:
Indsil Hydro's financial performance has shown a downward trend in key metrics over the past few years. The company's net sales have decreased significantly from 685.82 crore in March 2019 to just 116.61 crore in March 2024, reflecting a challenging market environment. Operating profit margins have also suffered, with the operating profit margin excluding other income dropping to -1.3% in March 2024 from 9.55% in March 2023. The profit before tax has fluctuated dramatically, with a loss of -8.32 crore in March 2024 compared to a profit of 1.44 crore in the previous year. The balance sheet reveals a decline in total assets and liabilities, with total assets at 223.92 crore and total liabilities at the same figure in March 2024. Cash flow from operating activities has decreased, but the company has managed to improve its closing cash position slightly. Overall, Indsil Hydro's financial trajectory indicates a need for strategic adjustments to address ongoing profitability and liquidity challenges.