How has been the historical performance of Riddhi Corporate?

Answer:The historical performance of Riddhi Corporate shows a positive trend in key financial metrics from March 2019 to March 2020.

Breakdown:
Riddhi Corporate's net sales increased from 59.53 Cr in March 2019 to 81.47 Cr in March 2020, reflecting a significant growth in total operating income, which also rose from 59.53 Cr to 81.47 Cr during the same period. The total expenditure, excluding depreciation, increased from 58.79 Cr to 77.91 Cr, driven primarily by higher employee costs, which surged from 32.84 Cr to 50.71 Cr. Despite the rise in expenses, the operating profit (PBDIT) improved from 2.13 Cr to 4.83 Cr, indicating enhanced operational efficiency. Profit before tax also saw a notable increase from 1.07 Cr to 3.57 Cr, leading to a profit after tax growth from 0.81 Cr to 1.45 Cr. The earnings per share (EPS) rose from 0.85 to 1.32, and the operating profit margin (excluding other income) improved from 1.24% to 4.37%. On the balance sheet, total liabilities increased from 44.11 Cr in March 2019 to 44.11 Cr in March 2020, while total assets remained stable at 44.11 Cr. The cash flow from operating activities improved significantly, rising from 6.00 Cr to 7.00 Cr, contributing to a closing cash and cash equivalent increase from 1.06 Cr to 7.00 Cr. Overall, Riddhi Corporate demonstrated strong growth in revenue and profitability while maintaining a stable balance sheet.