How has been the historical performance of Panabyte Tech?

Answer:The historical performance of Panabyte Tech shows significant fluctuations in its financial metrics over the years.

Breakdown:
Panabyte Tech's net sales have seen a decline from INR 40.08 crore in March 2018 to INR 9.83 crore in March 2021, with a notable drop in March 2020 to INR 15.12 crore. The total operating income followed a similar trend, decreasing from INR 40.08 crore in March 2018 to INR 9.83 crore in March 2021. The company reported total expenditure excluding depreciation of INR 9.98 crore in March 2021, down from INR 39.52 crore in March 2018. Operating profit (PBDIT) turned negative in March 2021 at INR -0.15 crore, contrasting with a positive INR 0.73 crore in March 2018. Consequently, profit before tax also fell to INR -0.27 crore in March 2021 from INR 0.71 crore in March 2018, leading to a profit after tax of INR -0.23 crore in March 2021 compared to INR 0.63 crore in March 2018. The company’s total assets decreased from INR 17.12 crore in March 2018 to INR 11.73 crore in March 2021, while total liabilities also dropped from INR 15.19 crore to INR 11.73 crore in the same period. Cash flow from operating activities was negative in March 2021 at INR 0.00 crore, reflecting a challenging cash flow situation compared to previous years. Overall, Panabyte Tech's financial performance has deteriorated significantly over the years, with declining sales, profits, and asset values.