How has been the historical performance of Prakash Steelage?

Answer:The historical performance of Prakash Steelage shows a significant decline in financial metrics from 2014 to 2016.

Breakdown:
Prakash Steelage's net sales decreased from 1,019.61 Cr in March 2014 to 560.84 Cr in March 2016, reflecting a downward trend in revenue generation. Total operating income followed a similar pattern, dropping from 1,025.44 Cr in March 2014 to 564.61 Cr in March 2016. The company's total expenditure, excluding depreciation, also declined from 957.73 Cr in March 2014 to 605.99 Cr in March 2016, yet the operating profit (PBDIT) turned negative, falling from 71.83 Cr in March 2014 to -28.39 Cr in March 2016. Consequently, the profit before tax shifted from a positive 30.17 Cr in March 2014 to a loss of 86.99 Cr in March 2016, leading to a profit after tax of -87.89 Cr in March 2016, compared to 21.40 Cr in March 2014. The company's total assets decreased from 641.94 Cr in March 2014 to 496.84 Cr in March 2016, while total liabilities also fell from 802.86 Cr to 496.84 Cr during the same period. Cash flow from operating activities declined from -8.31 Cr in March 2014 to 24.62 Cr in March 2016, indicating a struggle in maintaining liquidity. Overall, the financial data indicates a challenging period for Prakash Steelage, characterized by declining revenues, increasing losses, and reduced asset values.