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 consistent decline in net sales from INR 77.14 crore in March 2019 to INR 31.06 crore in March 2025. The total operating income followed a similar trend, decreasing 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, resulting in operating losses, with an operating profit of -0.10 crore in March 2025 compared to a profit of 2.87 crore in March 2024. Profit before tax has been negative since March 2023, reaching -1.15 crore in March 2025, while profit after tax also showed losses, amounting to -1.48 crore in March 2025. The earnings per share (EPS) reflected this downturn, with a negative EPS of -0.76 in March 2025, down from a positive EPS of 2.23 in March 2020. The company's total liabilities increased to INR 142.49 crore in March 2024, while total assets were reported at the same level, indicating a challenging financial position. Cash flow from operating activities was negative at -5.00 crore in March 2024, highlighting ongoing cash flow issues. Overall, Madhav Marbles has faced significant challenges in maintaining sales and profitability, leading to a deteriorating financial outlook.