How has been the historical performance of Simplex Castings?

Answer:The historical performance of Simplex Castings shows a fluctuating trend over the past three years, with notable improvements in the most recent fiscal year.

Breakdown:
In the fiscal year ending March 2021, Simplex Castings reported net sales of 86.63 Cr, an increase from 78.05 Cr in March 2020, but a decline from 137.28 Cr in March 2019. The total operating income mirrored this trend, reaching 86.63 Cr in March 2021 compared to 78.05 Cr in the previous year and 137.28 Cr in March 2019. The company's total expenditure significantly decreased to 69.83 Cr in March 2021 from 118.66 Cr in March 2020, contributing to an operating profit (PBDIT) of 19.37 Cr, a recovery from a loss of 38.39 Cr in the prior year. Profit before tax also improved to 5.84 Cr in March 2021, compared to a loss of 56.79 Cr in March 2020. Consequently, profit after tax turned positive at 6.60 Cr, recovering from a loss of 45.38 Cr in the previous year. The earnings per share (EPS) rose to 10.77 in March 2021, a significant turnaround from -46.62 in March 2020. On the balance sheet, total liabilities remained relatively stable at 159.75 Cr in March 2021, slightly down from 159.83 Cr in March 2020, while total assets also showed a minor decline to 159.75 Cr from 328.26 Cr in March 2019. Cash flow from operating activities was neutral at 0.00 Cr in March 2021, indicating a stabilization in cash management compared to previous years. Overall, Simplex Castings demonstrated a recovery in profitability and operational efficiency in the latest fiscal year.