How has been the historical performance of Premier?

Answer:The historical performance of Premier shows a significant decline in net sales and profitability over the years, culminating in a challenging financial position as of March 2025.

Breakdown:
Premier's net sales have decreased dramatically from INR 16.50 crore in March 2019 to zero in March 2025, reflecting a continuous downward trend. Total operating income followed a similar pattern, dropping from INR 16.50 crore in March 2019 to zero in March 2025. The company's total expenditure, excluding depreciation, has also seen a decline, from INR 104.40 crore in March 2019 to INR 2.05 crore in March 2025. Operating profit margins have remained negative, with the operating profit (PBDIT) reaching -0.98 crore in March 2025, down from -72.15 crore in March 2019. Profit before tax and profit after tax have also shown worsening figures, with losses increasing from -195.59 crore in March 2019 to -8.14 crore in March 2025. The company's total liabilities have decreased from INR 290.04 crore in March 2020 to INR 183.38 crore in March 2025, while shareholder's funds have remained negative, indicating a deteriorating financial health. Cash flow from operating activities has consistently been negative, with a cash flow of -1.00 crore in March 2025, reflecting ongoing operational challenges. Overall, Premier's financial performance has shown a consistent decline, leading to a precarious situation by March 2025.