How has been the historical performance of Meera Industries?

Answer:The historical performance of Meera Industries shows a fluctuating trend in net sales and profitability over the years, with a notable recovery in recent periods.

Breakdown:
Meera Industries' net sales have increased from 20.34 Cr in Mar'23 to 39.85 Cr in Mar'25, reflecting a strong growth trajectory. However, the company experienced a dip in sales in Mar'22 at 31.66 Cr and Mar'21 at 22.23 Cr. The total operating income followed a similar pattern, peaking at 39.85 Cr in Mar'25. The raw material costs have also risen, reaching 23.46 Cr in Mar'25, which is significantly higher than the 11.08 Cr recorded in Mar'23. Despite these rising costs, the operating profit (PBDIT) improved to 6.11 Cr in Mar'25 from a loss of 0.18 Cr in Mar'23, indicating a recovery in operational efficiency. Profit before tax also saw a positive shift, increasing to 4.62 Cr in Mar'25 from a loss of 1.38 Cr in Mar'23, while profit after tax reached 3.72 Cr in Mar'25, up from a loss of 1.37 Cr in Mar'23. The company's total assets grew to 43.25 Cr in Mar'25, up from 35.71 Cr in Mar'23, and total liabilities increased to 43.25 Cr as well, indicating a balanced growth in both assets and liabilities. Cash flow from operating activities turned positive at 5.00 Cr in Mar'25, contrasting with a negative cash flow of 1.00 Cr in Mar'24, showcasing improved cash generation capabilities. Overall, Meera Industries has shown resilience and recovery in its financial performance, particularly in the last two years.