How has been the historical performance of Reliance Home?

Answer:The historical performance of Reliance Home has shown significant fluctuations over the years, particularly in net sales and profitability. In the fiscal year ending March 2025, net sales dropped to 0.22 Cr from 0.62 Cr in March 2024, and a substantial decline from 382.17 Cr in March 2023. The total operating income followed a similar trend, decreasing to 0.22 Cr in March 2025 from 382.17 Cr in March 2023. The company reported an operating profit (PBDIT) of -4.13 Cr in March 2025, continuing a negative trend from previous years, with a peak profit of 9,292.99 Cr in March 2023. Profit before tax also reflected this decline, showing 24.11 Cr in March 2025 compared to 9,013.79 Cr in March 2023. Profit after tax for March 2025 was 24.17 Cr, a recovery from a loss of -3.55 Cr in March 2024, but still significantly lower than the 5,418.58 Cr reported in March 2023.

The balance sheet indicates a troubling trend in shareholder's funds, which were at -73.83 Cr in March 2023, down from -5,492.40 Cr in March 2022. Total liabilities decreased to 34.85 Cr in March 2023 from 6,549.12 Cr in March 2022, while total assets also fell to 34.85 Cr in March 2023 from 6,549.12 Cr in March 2022. Cash flow from operating activities was positive at 4,103 Cr in March 2023, contrasting with a negative cash flow of -597 Cr in March 2022. Overall, while there are signs of recovery in profit after tax and cash flow from operations, the overall financial health of Reliance Home remains precarious with significant losses in sales and shareholder equity.

Breakdown:
Reliance Home's financial performance has experienced drastic changes, particularly marked by a sharp decline in net sales from 1,960.00 Cr in March 2019 to just 0.22 Cr in March 2025. The total operating income mirrored this decline, falling from 1,986.00 Cr in March 2019 to 0.22 Cr in March 2025. The operating profit (PBDIT) saw a significant peak in March 2023 at 9,292.99 Cr, but fell to -4.13 Cr by March 2025. Profit before tax also reflected this volatility, with a high of 9,013.79 Cr in March 2023 dropping to 24.11 Cr in March 2025. Despite a profit after tax of 24.17 Cr in March 2025, this was a recovery from a loss in the previous year, yet still far below the 5,418.58 Cr reported in March 2023. The balance sheet shows a concerning trend in shareholder's funds, which have been negative since March 2022, culminating in -73.83 Cr in March 2023. Total liabilities decreased significantly, indicating a reduction in debt, while total assets remained low at 34.85 Cr in March 2023. Cash flow from operating activities improved to 4,103 Cr in March 2023, suggesting some operational recovery despite the overall financial challenges faced by the company.