How has been the historical performance of Madhav Marbles?

Answer:The historical performance of Madhav Marbles shows a declining trend in net sales and profitability over the years, with significant losses reported in recent periods.

Breakdown:
Madhav Marbles experienced a decrease in net sales from INR 77.14 crore in March 2019 to INR 31.06 crore in March 2025. This decline is mirrored in total operating income, which fell from INR 77.14 crore in March 2019 to INR 31.06 crore in March 2025. The company's total expenditure also decreased, but at a slower rate, leading to operating losses, with operating profit (PBDIT) turning negative at -0.10 crore in March 2025 compared to a profit of 12.08 crore in March 2019. Profit before tax has been negative since March 2023, reaching -1.15 crore in March 2025. Consequently, profit after tax has also been negative, with a loss of -1.48 crore in March 2025, compared to a profit of 4.61 crore in March 2019. The company's cash flow from operating activities has been negative in recent years, indicating challenges in generating cash from core operations. Total liabilities have fluctuated, with a slight increase to 142.49 crore in March 2024 from 141.42 crore in March 2023, while total assets remained relatively stable at 142.49 crore in March 2024. Overall, Madhav Marbles has faced significant financial challenges, reflected in its declining sales, profitability, and cash flow.