How has been the historical performance of Shah Alloys?

Answer:The historical performance of Shah Alloys has shown significant fluctuations over the years, particularly in net sales and profitability.

Breakdown:
Shah Alloys' net sales have decreased sharply from 886.15 Cr in March 2022 to 267.28 Cr in March 2025, reflecting a downward trend in revenue generation. The total operating income followed a similar pattern, dropping from 886.15 Cr in March 2022 to 267.28 Cr in March 2025. The company's total expenditure, excluding depreciation, also declined from 763.31 Cr in March 2022 to 276.73 Cr in March 2025, but not at a pace sufficient to offset the revenue decline, leading to an operating profit (PBDIT) of -9.45 Cr in March 2025, compared to a profit of 122.84 Cr in March 2022. Consequently, the profit before tax has worsened from 130.12 Cr in March 2022 to -23.12 Cr in March 2025, and the profit after tax has similarly deteriorated from 102.87 Cr to -17.43 Cr over the same period. The company's total assets have decreased from 250.69 Cr in March 2022 to 116.69 Cr in March 2025, while total liabilities have also reduced from 250.69 Cr to 116.69 Cr, indicating a contraction in the company's financial position. Cash flow from operating activities has been negative in recent years, with -4.00 Cr reported in March 2025, highlighting ongoing challenges in cash generation. Overall, Shah Alloys has experienced a significant decline in financial performance, marked by reduced sales, increasing losses, and a shrinking asset base.