How has been the historical performance of NCC Blue Water?

Answer:The historical performance of NCC Blue Water shows that the company has not generated any net sales or other operating income from March 2019 to March 2025. The total operating income remained at zero throughout these years, with the only notable expense being employee costs, which slightly fluctuated but remained minimal. The total expenditure, excluding depreciation, increased from 0.18 crore in March 2023 to 0.26 crore in March 2025. Operating profit (PBDIT) excluding other income was negative across all years, with a loss of 0.26 crore in March 2025. However, other income showed some variability, peaking at 0.98 crore in March 2020 before declining to 0.52 crore in March 2025. Consequently, the operating profit (PBDIT) turned positive in March 2025 at 0.26 crore. Profit before tax significantly increased to 4.60 crore in March 2025, up from 0.59 crore in March 2024, leading to a profit after tax of 3.50 crore in March 2025. The net profit also saw a substantial rise to 3.50 crore in March 2025, compared to 0.44 crore in March 2024. The earnings per share (EPS) reflected this growth, reaching 4.52 in March 2025. On the balance sheet, total assets increased from 7.45 crore in March 2023 to 7.96 crore in March 2024, with cash and bank balances also rising to 7.39 crore in March 2024. The company maintained no long-term or short-term borrowings throughout this period.

Breakdown:
NCC Blue Water's financial history indicates a consistent lack of revenue generation, with net sales and operating income remaining at zero from March 2019 to March 2025. Employee costs showed slight variations, while total expenditure increased over the years. Despite ongoing losses in operating profit, the company reported a significant rise in other income, which contributed to a positive operating profit in March 2025. The profit before tax surged to 4.60 crore in March 2025, resulting in a profit after tax of 3.50 crore, marking a notable recovery from previous years. The net profit also increased significantly, reflecting improved financial performance. The balance sheet showed an upward trend in total assets and cash reserves, with no debt recorded, indicating a stable financial position despite the historical lack of operational income.