How has been the historical performance of Patels Airtemp?

Oct 06 2025 10:47 PM IST
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Patels Airtemp has shown significant growth from March 2020 to March 2024, with net sales increasing from 237.42 crore to 370.76 crore and profit after tax rising from 11.31 crore to 14.76 crore, alongside improved operating cash flow and total assets. Despite rising raw material costs, the company has maintained strong profitability and operational efficiency.
Answer:
The historical performance of Patels Airtemp shows significant growth in net sales and profitability over the years, particularly from March 2020 to March 2024.

Breakdown:
Patels Airtemp's net sales increased from 237.42 crore in March 2020 to 370.76 crore in March 2024, reflecting a strong upward trend. The total operating income followed a similar trajectory, rising from 255.40 crore in March 2021 to 370.76 crore in March 2024. Despite the increase in raw material costs, which grew from 165.61 crore in March 2020 to 258.50 crore in March 2024, the operating profit (PBDIT) also improved, reaching 37.13 crore in March 2024 from 24.92 crore in March 2020. Profit before tax saw a rise from 14.79 crore in March 2020 to 20.21 crore in March 2024, while profit after tax increased from 11.31 crore to 14.76 crore in the same period. The company's total assets grew from 260.60 crore in March 2020 to 370.67 crore in March 2024, with total liabilities also increasing from 260.60 crore to 370.67 crore. Cash flow from operating activities improved significantly, moving from 11.00 crore in March 2024 compared to 4.00 crore in March 2023, indicating better operational efficiency. Overall, Patels Airtemp has demonstrated robust growth in sales and profitability, alongside a healthy increase in assets and cash flow.
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