How has been the historical performance of Omax Autos?
Omax Autos has experienced fluctuating net sales and profitability, with a slight recovery in 2015, reporting net sales of 1,095.29 Cr and a profit after tax of 0.53 Cr, compared to losses in previous years. Despite these improvements, overall performance has varied significantly over the years.
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. The total operating income for March 2015 was 1,101.76 Cr, up from 993.98 Cr in the previous year, yet down from 1,107.18 Cr in March 2013. The total expenditure, excluding depreciation, rose to 1,044.80 Cr in March 2015 from 942.68 Cr in March 2014. Operating profit (PBDIT) increased slightly to 57.07 Cr in March 2015 from 51.64 Cr in March 2014, but it was significantly lower than the 79.16 Cr recorded in March 2013. 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, while profit after tax was 0.53 Cr, recovering from a loss of 7.49 Cr in the previous year. The consolidated net profit for March 2015 was 0.33 Cr, compared to a loss of 5.56 Cr in March 2014. Earnings per share (EPS) improved to 0.15 in March 2015 from -2.6 in March 2014. The cash flow from operating activities was 52.81 Cr in March 2015, slightly higher than 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 profitability and cash flow, despite fluctuations in sales and operating income over the years.
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