How has been the historical performance of Khaitan (India)?

Answer:The historical performance of Khaitan (India) shows a challenging financial landscape, particularly in the fiscal year ending March 2022. The company reported net sales of 52.26 crore, with total operating income matching this figure. However, total expenditure, excluding depreciation, was higher at 53.25 crore, leading to an operating profit (PBDIT) of -0.99 crore. After accounting for other income, the operating profit stood at 1.02 crore. The company faced significant interest expenses of 2.50 crore, resulting in a profit before tax of -3.29 crore, which translated to a profit after tax of -3.29 crore as well. The earnings per share were reported at -6.93, reflecting the overall negative performance. The company's total assets were valued at 76.57 crore, with total liabilities at 76.57 crore, indicating a precarious balance sheet. The cash flow from operating activities was 4.00 crore, but the net cash inflow was only 1.00 crore by March 2025.

Breakdown:
In the fiscal year ending March 2022, Khaitan (India) generated net sales of 52.26 crore, but faced total expenditures of 53.25 crore, leading to an operating loss of -0.99 crore. After including other income, the operating profit was slightly positive at 1.02 crore. However, the company incurred interest expenses of 2.50 crore, resulting in a profit before tax of -3.29 crore, which was also the profit after tax. The earnings per share were reported at -6.93, indicating a loss for shareholders. The balance sheet reflected total assets and liabilities both at 76.57 crore, showcasing a challenging financial position. By March 2025, the cash flow from operating activities improved to 4.00 crore, contributing to a net cash inflow of 1.00 crore, suggesting some recovery in cash management despite previous losses.