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 from 382.17 Cr in March 2023 to 0.22 Cr in March 2025. The company faced considerable challenges, reflected in its operating profit, which turned negative at -4.13 Cr in March 2025, compared to a positive 9,292.99 Cr in March 2023. Profit before tax also saw a decline, moving from 9,013.79 Cr in March 2023 to 24.11 Cr in March 2025. The profit after tax showed a recovery to 24.17 Cr in March 2025, up 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 company's equity capital remained stable at 485.06 Cr, while reserves turned negative at -561.80 Cr in March 2025, indicating a deteriorating financial position. Cash flow from operating activities improved to 4,103 Cr in March 2023, but the overall cash position weakened, with a closing cash balance of 17 Cr in March 2023.

Breakdown:
Reliance Home's financial trajectory reveals a stark decline in net sales from 1,960 Cr in March 2019 to just 0.22 Cr in March 2025, with total operating income following suit, plummeting from 1,986 Cr in March 2019 to 0.22 Cr in March 2025. The company experienced a dramatic shift in profitability, with operating profit swinging from a positive 88 Cr in March 2019 to a loss of 4.13 Cr in March 2025. Profit before tax also reflected this volatility, peaking at 9,013.79 Cr in March 2023 before dropping to 24.11 Cr in March 2025. Despite a recovery in profit after tax to 24.17 Cr in March 2025, the overall financial health is concerning, as indicated by negative reserves of -561.80 Cr. The cash flow from operating activities showed a positive trend in March 2023 at 4,103 Cr, but the closing cash balance dwindled to 17 Cr, highlighting liquidity challenges. Overall, Reliance Home's financial performance has been marked by significant instability and a downward trend in key metrics over the past few years.