How has been the historical performance of Panyam Cement?

Answer:The historical performance of Panyam Cement shows significant fluctuations over the years, with a notable recovery in net sales in the most recent fiscal year.

Breakdown:
Panyam Cement's net sales increased dramatically to 120.12 crore in March 2024, up from 38.86 crore in March 2023, and a stark contrast to zero sales in the previous two years. However, total operating income also reflects this trend, rising to 120.12 crore in March 2024 from 38.86 crore in March 2023. Despite the increase in sales, total expenditure surged to 151.94 crore in March 2024, leading to an operating profit (PBDIT) of -17.40 crore, indicating ongoing financial challenges. The company reported a profit before tax of -55.02 crore in March 2024, slightly improved from -59.85 crore in March 2023. The net profit also showed a marginal improvement, standing at -55.02 crore in March 2024 compared to -59.85 crore in March 2023. On the balance sheet, total liabilities rose to 206.72 crore in March 2024, with total assets also increasing to 206.72 crore, reflecting a growing but still precarious financial position. Cash flow from operating activities remained negative at -38.00 crore in March 2024, although cash flow from financing activities turned positive at 110.00 crore, indicating reliance on external financing to support operations. Overall, while Panyam Cement has shown signs of revenue recovery, it continues to face significant challenges in profitability and cash flow management.