How has been the historical performance of Jayaswal Neco?

Answer:The historical performance of Jayaswal Neco has shown significant fluctuations over the years, particularly in net sales and profitability. In March 2016, the company reported net sales of 2,632.50 Cr, a decline from 3,024.11 Cr in March 2015 and 3,160.79 Cr in March 2014. The total operating income followed a similar trend, decreasing from 3,024.27 Cr in March 2015 to 2,632.62 Cr in March 2016. The operating profit (PBDIT) also saw a decline, falling from 374.95 Cr in March 2015 to 262.77 Cr in March 2016. This decline in profitability was further reflected in the profit before tax, which turned negative at -110.45 Cr in March 2016, compared to a positive 15.65 Cr in March 2015. Consequently, the profit after tax also dropped significantly to -93.59 Cr in March 2016 from a mere 0.29 Cr in March 2015.

On the balance sheet side, total liabilities stood at 7,097.51 Cr in March 2016, slightly down from 7,227.88 Cr in March 2015. Long-term borrowings increased to 3,045.92 Cr in March 2016 from 2,982.50 Cr in March 2015, indicating a rise in debt levels. The company's total assets were reported at 7,097.51 Cr in March 2016, a decrease from 7,227.88 Cr in March 2015. Cash flow from operating activities improved to 520.82 Cr in March 2016 from 332.24 Cr in March 2015, but cash flow from financing activities saw a significant outflow of -506.43 Cr in March 2016, compared to a minor outflow of -8.90 Cr in March 2015. Overall, the financial performance of Jayaswal Neco has been marked by declining sales and profitability, alongside increasing debt levels.

Breakdown:
Jayaswal Neco's financial performance has been characterized by a downward trend in net sales, which decreased from 3,024.11 Cr in March 2015 to 2,632.50 Cr in March 2016. This decline was mirrored in total operating income, which fell to 2,632.62 Cr in March 2016. The operating profit (PBDIT) also dropped significantly from 374.95 Cr in March 2015 to 262.77 Cr in March 2016, leading to a negative profit before tax of -110.45 Cr in March 2016, down from a positive 15.65 Cr the previous year. Consequently, the profit after tax plummeted to -93.59 Cr in March 2016 from 0.29 Cr in March 2015. On the balance sheet, total liabilities decreased slightly to 7,097.51 Cr in March 2016, while long-term borrowings increased to 3,045.92 Cr, indicating a rise in debt. Total assets also fell to 7,097.51 Cr in March 2016. Despite an improvement in cash flow from operating activities to 520.82 Cr, cash flow from financing activities reflected a significant outflow of -506.43 Cr, highlighting the challenges faced by the company in maintaining profitability and managing its debt levels.