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

Answer:The historical performance of Khaitan (India) has shown significant challenges, particularly in the fiscal year ending March 2022, where the company reported a net sales figure of 52.26 crore and a total operating income of the same amount. However, the total expenditure exceeded this income at 53.25 crore, leading to an operating profit (PBDIT) of 1.02 crore, which was offset by interest expenses of 2.50 crore, resulting in a profit before tax of -3.29 crore. Consequently, the profit after tax also stood at -3.29 crore, reflecting a negative earnings per share of -6.93. The company's operating profit margin was recorded at -1.89%, and the profit after tax margin was -6.3%.

In terms of balance sheet performance, the total liabilities as of March 2022 were 76.57 crore, with total assets also at 76.57 crore, indicating a balanced sheet. The company had a book value per share of 36.81. Over the years, Khaitan (India) has seen fluctuations in its total reserves, which were -14.25 crore in March 2022, and its shareholder's funds were 17.49 crore. The cash flow analysis indicates a profit before tax of -3.00 crore for the same year, with cash flow from operating activities at 6.00 crore, but financing activities resulted in an outflow of 4.00 crore, leading to a net cash inflow of 0.00 crore. Overall, the financial metrics suggest a company struggling with profitability and managing its costs effectively.

Breakdown:
Khaitan (India) has faced a challenging financial landscape, particularly highlighted in the fiscal year ending March 2022, where it reported net sales and total operating income of 52.26 crore, but incurred total expenditures of 53.25 crore. This resulted in an operating profit (PBDIT) of 1.02 crore, which was insufficient to cover interest expenses, leading to a profit before tax and profit after tax of -3.29 crore. The company's margins were notably negative, with an operating profit margin of -1.89% and a profit after tax margin of -6.3%. On the balance sheet, total liabilities matched total assets at 76.57 crore, while total reserves were negative at -14.25 crore. The book value per share was recorded at 36.81. Cash flow analysis revealed a profit before tax of -3.00 crore, with cash flow from operating activities at 6.00 crore, but financing activities resulted in a cash outflow of 4.00 crore, culminating in a net cash inflow of 0.00 crore. This performance indicates ongoing difficulties in achieving profitability and managing operational costs effectively.