How has been the historical performance of Mayur Leather?

Answer:The historical performance of Mayur Leather shows a significant decline in net sales over the years, dropping from 18.78 crore in March 2018 to 0.00 crore in March 2025. Other operating income has remained consistently at zero throughout this period. Total operating income followed a similar trend, decreasing from 18.78 crore in March 2018 to 0.00 crore in March 2025. The raw material cost also decreased from 13.85 crore in March 2018 to 0.00 crore in March 2025, while employee costs fell from 4.63 crore to 0.05 crore in the same timeframe. Total expenditure, excluding depreciation, dropped from 21.73 crore in March 2018 to 1.25 crore in March 2025. Operating profit (PBDIT) showed a negative trend, moving from -1.42 crore in March 2018 to -1.25 crore in March 2025. The company reported a profit before tax of 0.03 crore in March 2025, a recovery from losses in previous years. The profit after tax also turned positive at 0.03 crore in March 2025, compared to losses in earlier years. The total assets decreased from 20.08 crore in March 2020 to 12.63 crore in March 2025, while total liabilities slightly decreased from 12.74 crore to 12.63 crore during the same period. The cash flow from operating activities has been stagnant, with no inflow reported in recent years.

Breakdown:
Mayur Leather's financial performance has shown a stark decline over the years, particularly in net sales, which plummeted from 18.78 crore in March 2018 to zero by March 2025. This decline is mirrored in total operating income, which also fell to zero, indicating a complete cessation of revenue generation. The company has managed to reduce its raw material and employee costs significantly, with raw material costs dropping from 13.85 crore to zero and employee costs from 4.63 crore to 0.05 crore. Despite these reductions, total expenditure has decreased to 1.25 crore, yet the operating profit remains negative at -1.25 crore. However, there is a notable turnaround in profitability, with both profit before tax and profit after tax reporting a small positive figure of 0.03 crore in March 2025, suggesting a potential recovery. The total assets have decreased from 20.08 crore to 12.63 crore, while total liabilities have slightly decreased, reflecting a tightening financial situation. Overall, the cash flow from operating activities has stagnated, indicating challenges in generating cash from core operations.