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 significant changes in net sales, profits, and overall financial health.

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. 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 two years prior. The company experienced a notable reduction in total expenditure, which decreased to 69.83 Cr in March 2021 from 118.66 Cr in March 2020 and 134.65 Cr in March 2019. This led to an operating profit (PBDIT) of 19.37 Cr in March 2021, a significant recovery from a loss of 38.39 Cr in March 2020 and a profit of 4.96 Cr in March 2019. Profit before tax also improved to 5.84 Cr in March 2021 from a loss of 56.79 Cr in March 2020, while profit after tax turned positive at 6.60 Cr, recovering from a loss of 45.38 Cr the previous year. The company's total liabilities remained relatively stable at 159.75 Cr in March 2021, slightly down from 159.83 Cr in March 2020, but significantly lower than 328.26 Cr in March 2019. Cash flow from operating activities showed no inflow in March 2021, consistent with the previous year, while cash flow from investing activities was positive at 3.00 Cr, contrasting sharply with 82.00 Cr in March 2020. Overall, the financial data indicates a recovery in profitability for Simplex Castings in March 2021, despite the challenges faced in the previous years.