How has been the historical performance of Monind?

Answer:The historical performance of Monind shows a consistent trend of zero net sales and other operating income from March 2019 to March 2025. The total operating income has remained at zero throughout this period. Employee costs have seen a slight increase from 0.07 crore in March 2019 to 0.13 crore in March 2025, while selling and distribution expenses have fluctuated, peaking at 0.05 crore in March 2021 before declining to 0.02 crore in March 2025. Other expenses have varied significantly, with a high of 0.84 crore in March 2023 and a low of 0.09 crore in March 2022. The total expenditure, excluding depreciation, has decreased from 1.00 crore in March 2023 to 0.26 crore in March 2025. Operating profit has been negative throughout, with the loss widening from -0.32 crore in March 2019 to -2.54 crore in March 2025. Interest expenses have increased from 1.12 crore in March 2019 to 2.27 crore in March 2025. The profit after tax has also remained negative, reaching -2.54 crore in March 2025. The company's equity capital has remained constant at 3.68 crore, while reserves have been negative, indicating a decline from -128.98 crore in March 2019 to -140.39 crore in March 2025. The book value per share has also deteriorated, moving from -389.51 in March 2019 to -371.36 in March 2025.

Breakdown:
Monind's financial performance over the years has been characterized by a lack of revenue generation, with net sales and total operating income consistently reported at zero from March 2019 to March 2025. Employee costs have gradually increased, reflecting a slight rise in operational expenses, while selling and distribution expenses have shown variability. The total expenditure has decreased significantly, particularly after a peak in March 2023. Despite these changes, the company has faced increasing operating losses, culminating in a profit before tax of -2.54 crore in March 2025. Interest expenses have also escalated, contributing to the negative profit after tax figures. The company's equity capital has remained unchanged, but reserves have continued to decline, indicating ongoing financial distress, as evidenced by the deteriorating book value per share. Overall, Monind's financial trajectory reflects significant challenges in achieving profitability and managing its liabilities effectively.