How has been the historical performance of Omax Autos?
Omax Autos has experienced fluctuating financial performance, with a recovery in profitability and cash flow in 2015, reporting a net profit of 0.53 Cr and positive EPS of 0.15, despite challenges in sales and operating income over the years. Total operating income rose to 1,101.76 Cr, while operating profit margin remained stable at 5.17%.
Answer:The historical performance of Omax Autos shows fluctuations in key financial metrics 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, while total expenditure also rose to 1,044.80 Cr from 942.68 Cr. Operating profit (PBDIT) increased slightly to 57.07 Cr in March 2015 from 51.64 Cr in March 2014, although it was lower than the 79.16 Cr reported in March 2013 and 98.14 Cr in March 2012. The profit before tax showed improvement, moving from -12.47 Cr in March 2014 to -3.82 Cr in March 2015, while profit after tax turned positive at 0.53 Cr compared to a loss of 7.49 Cr the previous year. The consolidated net profit also improved to 0.33 Cr from -5.56 Cr. Earnings per share (EPS) reflected this trend, rising to 0.15 in March 2015 from -2.6 in March 2014. The operating profit margin remained stable at 5.17% in March 2015, while the profit after tax margin was marginally positive at 0.05%. Cash flow from operating activities was 52.81 Cr in March 2015, showing a slight increase from 52.11 Cr in March 2014, with a net cash inflow of 2.69 Cr compared to an outflow of -32.07 Cr in the prior year. Overall, Omax Autos has shown signs of recovery in profitability and cash flow, despite challenges in sales and operating income over the years.
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