How has been the historical performance of MIC Electronics?

Answer:The historical performance of MIC Electronics shows significant fluctuations in its financial metrics over the years, particularly from March 2019 to March 2025.

Breakdown:
MIC Electronics has experienced a notable increase in net sales, rising from 1.09 Cr in March 2021 to 94.76 Cr in March 2025, with a peak of 61.84 Cr in March 2024. The total operating income followed a similar trend, reaching 94.76 Cr in March 2025 from just 1.09 Cr in March 2021. The company's operating profit (PBDIT) also improved significantly, moving from a loss of 17.21 Cr in March 2020 to a profit of 19.29 Cr in March 2025. However, profit before tax peaked at 17.73 Cr in March 2024 before dropping to 13.07 Cr in March 2025. The profit after tax showed a decline from 61.84 Cr in March 2024 to 9.83 Cr in March 2025, reflecting a volatile profit margin that reached 113.32% in March 2024 but fell to 10.37% in March 2025. The company's total assets increased significantly from 64.95 Cr in March 2021 to 273.12 Cr in March 2025, while total liabilities also rose from 64.95 Cr to 273.12 Cr in the same period. Cash flow from operating activities remained negative, indicating ongoing challenges in cash generation, although net cash inflow turned positive at 5.00 Cr in March 2025. Overall, MIC Electronics has shown a recovery in sales and profitability, but the fluctuations in profit margins and cash flow highlight ongoing operational challenges.