How has been the historical performance of Patels Airtemp?
Patels Airtemp has shown significant growth from March 2020 to March 2024, with net sales increasing from 237.42 Cr to 370.76 Cr and profit after tax rising from 11.31 Cr to 14.76 Cr, indicating strong operational efficiency and financial performance. Total assets and liabilities also grew to 370.67 Cr, reflecting the company's positive trajectory.
Answer:The historical performance of Patels Airtemp shows significant growth in net sales and profitability over the years, with the latest figures for March 2024 indicating a net sales of 370.76 Cr and a profit after tax of 14.76 Cr.Breakdown:
Patels Airtemp has demonstrated a strong upward trend in net sales, increasing from 237.42 Cr in March 2020 to 370.76 Cr in March 2024. This growth is accompanied by a rise in total operating income, which reached 370.76 Cr in March 2024, up from 255.40 Cr in March 2021. The company's operating profit, excluding other income, also improved, showing a value of 35.01 Cr in March 2024 compared to 23.04 Cr in March 2020. Profit before tax has increased to 20.21 Cr in March 2024 from 14.79 Cr in March 2020, while profit after tax rose to 14.76 Cr from 11.31 Cr in the same period. The total assets of Patels Airtemp grew to 370.67 Cr in March 2024, reflecting an increase from 260.60 Cr in March 2020, and total liabilities also rose to 370.67 Cr from 260.60 Cr. Cash flow from operating activities improved significantly, reaching 11.00 Cr in March 2024, up from -12.00 Cr in March 2022, although the net cash outflow was -6.00 Cr in March 2024. Overall, the financial metrics indicate a positive trajectory for Patels Airtemp, highlighting its growth and operational efficiency over the years.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
