How has been the historical performance of Prakash Steelage?

Answer:The historical performance of Prakash Steelage shows a significant decline in financial metrics over the years, particularly from March 2014 to March 2016.

Breakdown:
Prakash Steelage experienced a sharp decrease in net sales, dropping from 1,019.61 Cr in March 2014 to 560.84 Cr in March 2016. Other operating income also fell from 5.83 Cr in March 2014 to 3.77 Cr in March 2016, leading to a total operating income decline from 1,025.44 Cr to 564.61 Cr over the same period. The total expenditure, excluding depreciation, decreased from 957.73 Cr to 605.99 Cr, but this was not enough to offset the decline in income, resulting in an operating profit (PBDIT) that turned negative, from 71.83 Cr in March 2014 to -28.39 Cr in March 2016. Consequently, the profit before tax fell from 30.17 Cr to -86.99 Cr, and the profit after tax also saw a drastic decline, going from 21.40 Cr to -87.89 Cr. The company's earnings per share (EPS) reflected this downturn, moving from 1.22 in March 2014 to -5.02 in March 2016. On the balance sheet, total liabilities decreased from 641.94 Cr to 496.84 Cr, while total assets also fell from 641.94 Cr to 496.84 Cr, indicating a shrinking financial base. Cash flow from operating activities declined from 50.65 Cr to 24.62 Cr, and the net cash outflow was recorded at -2.48 Cr in March 2016, compared to -8.23 Cr in March 2015. Overall, the financial data indicates a troubling trend for Prakash Steelage, characterized by declining revenues, increasing losses, and a reduction in asset values.