How has been the historical performance of SKP Bearing?

Answer:The historical performance of SKP Bearing shows a decline in key financial metrics from March 2024 to March 2025.

Breakdown:
In the fiscal year ending March 2025, SKP Bearing reported net sales of 70.33 Cr, an increase from 51.66 Cr in March 2024. However, total operating income remained the same as net sales, with no other operating income reported. The company's total expenditure rose significantly to 59.29 Cr from 34.21 Cr, driven by increased raw material costs and employee expenses. Consequently, operating profit (PBDIT) decreased to 11.04 Cr from 17.45 Cr, leading to a profit before tax of 7.34 Cr, down from 15.28 Cr the previous year. The profit after tax also fell sharply to 2.97 Cr from 10.68 Cr, resulting in a decline in earnings per share to 1.79 from 6.43. The operating profit margin and profit after tax margin both decreased significantly, indicating reduced profitability. On the balance sheet, total liabilities increased to 96.75 Cr from 90.27 Cr, while total assets also rose, reflecting a growth in shareholder's funds to 51.18 Cr. Cash flow from operating activities decreased to 5.00 Cr from 6.00 Cr, and the company experienced a net cash outflow of 2.00 Cr compared to a net inflow of 2.00 Cr in the previous year. Overall, while SKP Bearing saw growth in sales, it faced challenges in profitability and cash flow management.