How has been the historical performance of Muller & Phipps?

Answer:The historical performance of Muller & Phipps has shown fluctuations over the years, particularly in net sales and profitability. In March 2025, net sales reached 5.92 Cr, a notable increase from 4.14 Cr in March 2024 and 3.91 Cr in March 2023. However, the total expenditure also rose significantly to 6.89 Cr in March 2025, up from 4.17 Cr in March 2024, leading to an operating profit (PBDIT) of -0.69 Cr in March 2025, down from 0.40 Cr in the previous year. This decline in profitability is reflected in the profit before tax, which fell to -0.76 Cr in March 2025 from 0.73 Cr in March 2024, resulting in a profit after tax of -0.76 Cr for the same period. The company's earnings per share (EPS) also deteriorated sharply to -12.06 in March 2025 from 11.59 in March 2024.

In terms of assets and liabilities, total assets increased to 5.72 Cr in March 2025 from 5.26 Cr in March 2024, while total liabilities also rose to 5.72 Cr from 5.26 Cr in the same period. The shareholder's funds showed a negative trend, decreasing to -2.08 Cr in March 2025 from -1.30 Cr in March 2024. Cash flow from operating activities remained at zero across the years, indicating challenges in generating cash from core operations. Overall, while Muller & Phipps experienced growth in sales, it faced significant challenges in profitability and financial stability.

Breakdown:
Muller & Phipps has experienced a steady increase in net sales, rising from 3.67 Cr in March 2022 to 5.92 Cr in March 2025. Despite this growth, the total expenditure surged to 6.89 Cr in March 2025, leading to an operating profit (PBDIT) of -0.69 Cr, a decline from the previous year's profit of 0.40 Cr. The profit before tax also fell to -0.76 Cr in March 2025, reflecting a significant downturn in profitability compared to 0.73 Cr in March 2024. The company's earnings per share (EPS) plummeted to -12.06 in March 2025, down from 11.59 in March 2024. On the balance sheet, total assets increased to 5.72 Cr, matching total liabilities, which also rose to 5.72 Cr. Shareholder's funds deteriorated to -2.08 Cr in March 2025, indicating ongoing financial challenges. Cash flow from operating activities remained stagnant at zero, highlighting difficulties in generating cash from operations.