How has been the historical performance of Omax Autos?
Omax Autos has experienced fluctuating financial performance, with net sales and profitability declining from 2012 to 2013 but showing some recovery by 2015, although still below earlier levels. Key metrics indicate improvements in operating profit and net cash inflow, but losses in profit before tax and lower earnings per share persist.
Answer:The historical performance of Omax Autos shows a fluctuating trend in net sales and profitability over the years.Breakdown:
Omax Autos reported net sales of 1,095.29 Cr in March 2015, an increase from 984.71 Cr in March 2014, but a decline from 1,098.63 Cr in March 2013 and 1,287.02 Cr in March 2012. Total operating income for March 2015 was 1,101.76 Cr, up from 993.98 Cr in the previous year, yet lower than the 1,107.18 Cr recorded in March 2013 and 1,297.74 Cr in March 2012. The total expenditure, excluding depreciation, rose to 1,044.80 Cr in March 2015 from 942.68 Cr in March 2014, contributing to an operating profit (PBDIT) of 57.07 Cr, which was an improvement from 51.64 Cr in March 2014 but significantly lower than the 79.16 Cr in March 2013 and 98.14 Cr in March 2012. The profit before tax showed a loss of 3.82 Cr in March 2015, an improvement from a loss of 12.47 Cr in March 2014, but down from a profit of 21.09 Cr in March 2013. Profit after tax was 0.53 Cr in March 2015, recovering from a loss of 7.49 Cr in March 2014, but still down from 13.07 Cr in March 2013 and 28.18 Cr in March 2012. The earnings per share (EPS) for March 2015 was 0.15, a recovery from -2.6 in March 2014 but significantly lower than 6.53 in March 2013 and 13.15 in March 2012. The cash flow from operating activities was 52.81 Cr in March 2015, slightly up from 52.11 Cr in March 2014, while the net cash inflow was 2.69 Cr, recovering from an outflow of 32.07 Cr in the previous year. Overall, Omax Autos has shown some recovery in recent years, but its performance remains below the levels seen in earlier years.
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