How has been the historical performance of Shivalik Rasayan?

Answer:The historical performance of Shivalik Rasayan shows a consistent growth trend in net sales and total operating income over the years, reaching 311.77 Cr in Mar'25, up from 272.98 Cr in Mar'24 and 234.45 Cr in Mar'23. However, the company has faced fluctuations in operating profit, with a peak of 50.46 Cr in Mar'22, followed by a decline to 48.51 Cr in Mar'25. Profit after tax has also seen a decrease, from 34.25 Cr in Mar'22 to 20.42 Cr in Mar'25. The company's total liabilities increased to 727.73 Cr in Mar'25 from 688.42 Cr in Mar'24, while total assets rose to 727.73 Cr as well, indicating a stable asset-liability balance. Cash flow from operating activities has been negative in recent years, with -9.00 Cr in Mar'25, reflecting challenges in cash generation despite positive financing activities.

Breakdown:
Shivalik Rasayan's net sales and total operating income have shown a steady increase, with net sales rising from 186.28 Cr in Mar'20 to 311.77 Cr in Mar'25. The raw material costs have also increased significantly, contributing to total expenditure growth from 147.29 Cr in Mar'19 to 271.57 Cr in Mar'25. Operating profit, while fluctuating, peaked at 50.46 Cr in Mar'22 before declining to 48.51 Cr in Mar'25. Profit before tax has been relatively stable, with a slight increase to 23.41 Cr in Mar'25. However, profit after tax has decreased from 34.25 Cr in Mar'22 to 20.42 Cr in Mar'25. The company's total liabilities have risen alongside total assets, both reaching 727.73 Cr in Mar'25, indicating a balanced growth in financial structure. Cash flow from operating activities has been negative, highlighting ongoing challenges in cash generation despite positive inflows from financing activities.