How has been the historical performance of Omax Autos?
Omax Autos has experienced fluctuating net sales and profitability, with a recovery in profit and cash flow in fiscal year 2015, reporting net sales of 1,095.29 Cr and a profit after tax of 0.53 Cr, despite previous losses. The company showed stability in operating profit margins and improved cash flow compared to the prior year.
Answer:The historical performance of Omax Autos shows a fluctuating trend in net sales and profitability over the years. Breakdown:
In the fiscal year ending March 2015, Omax Autos reported net sales of 1,095.29 Cr, an increase from 984.71 Cr in March 2014, but a decline from 1,098.63 Cr in March 2013. The total operating income for March 2015 was 1,101.76 Cr, up from 993.98 Cr the previous year, although it was lower than the 1,107.18 Cr recorded in March 2013. The company's total expenditure, excluding depreciation, rose to 1,044.80 Cr in March 2015 from 942.68 Cr in March 2014. Operating profit (PBDIT) for March 2015 was 57.07 Cr, showing a slight increase from 51.64 Cr in March 2014, but significantly lower than the 79.16 Cr in March 2013. The profit before tax turned negative at -3.82 Cr in March 2015, an improvement from -12.47 Cr in March 2014, while profit after tax was 0.53 Cr, recovering from a loss of -7.49 Cr in the previous year. The earnings per share (EPS) for March 2015 was 0.15, compared to -2.6 in March 2014. The operating profit margin remained stable at 5.17% in March 2015, slightly up from 5.16% in March 2014, while the profit after tax margin was 0.05%, recovering from -0.75% in the previous year. Cash flow from operating activities was 52.81 Cr in March 2015, a modest increase from 52.11 Cr in March 2014, contributing to a net cash inflow of 2.69 Cr, contrasting with an outflow of -32.07 Cr in March 2014. Overall, Omax Autos has shown signs of recovery in profitability and cash flow, despite fluctuations in sales and operating income.
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