How has been the historical performance of Sainik Finance?

Answer:The historical performance of Sainik Finance shows a decline in key financial metrics from March 2021 to March 2022, with a continued trend into subsequent years.

Breakdown:
In the fiscal year ending March 2022, Sainik Finance reported net sales of 15.62 crore, down from 20.79 crore in March 2021. The total operating income mirrored this decline, remaining at 15.62 crore in March 2022, while total expenditure decreased to 7.35 crore from 9.55 crore the previous year. Operating profit before interest and tax (PBDIT) fell to 8.45 crore from 15.28 crore, leading to a gross profit of -9.22 crore compared to -1.56 crore in the prior year. Consequently, the profit before tax also worsened to -9.22 crore from -1.57 crore, resulting in a profit after tax of -8.13 crore, a significant drop from -0.96 crore in March 2021. The earnings per share reflected this downturn, decreasing to -7.47 from -0.88. The operating profit margin slightly decreased to 52.94% from 54.06%, while the profit after tax margin fell sharply to -52.05% from -4.62%. On the balance sheet, total liabilities decreased to 141.33 crore in March 2025 from 257.55 crore in March 2022, while total assets also declined to 141.33 crore from 257.55 crore in the same period. Cash flow from operating activities showed a recovery to 16 crore in March 2025 from -46 crore in March 2022, indicating a potential turnaround in cash generation.