How has been the historical performance of Sanstar?

Answer:The historical performance of Sanstar shows a mixed trend in its financial metrics from March 2023 to March 2024.

Breakdown:
In the fiscal year ending March 2024, Sanstar reported net sales of 1,067.27 crore, a decrease from 1,205.07 crore in the previous year. Total operating income mirrored this decline, remaining at 1,067.27 crore compared to 1,205.07 crore in March 2023. The raw material cost also decreased to 832.93 crore from 958.86 crore, while the purchase of finished goods dropped to zero from 1.16 crore. Notably, the company experienced a negative change in stocks, with a decrease of 6.68 crore in March 2024, contrasting with a positive change of 2.48 crore in March 2023. Total expenditure, excluding depreciation, fell to 969.13 crore from 1,132.62 crore, leading to an operating profit (PBDIT) of 112.55 crore, significantly higher than 77.05 crore in the prior year. Profit before tax increased to 89.72 crore from 55.39 crore, and profit after tax rose to 66.77 crore from 41.81 crore. The earnings per share also improved, reaching 23.77 compared to 14.88 in the previous year. The operating profit margin increased to 9.2% from 6.01%, and the PAT margin rose to 6.26% from 3.47%. Cash flow from operating activities turned positive at 28 crore, up from a negative 6 crore in March 2023, while net cash outflow was recorded at -3 crore, down from a net inflow of 5 crore in the previous year. Overall, Sanstar's financial performance reflects a combination of declining sales but improved profitability and cash flow management.