How has been the historical performance of SKP Bearing?

Answer:The historical performance of SKP Bearing shows significant changes between the fiscal years ending March 2024 and 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 the previous year. Total operating income mirrored this growth, reaching 70.33 Cr compared to 51.66 Cr in March 2024. However, total expenditure also rose significantly to 59.29 Cr from 34.21 Cr, driven by increased raw material costs and employee expenses. Consequently, the operating profit (PBDIT) decreased to 11.75 Cr from 17.71 Cr, resulting in a lower operating profit margin of 15.7% compared to 33.78% the previous year. Profit before tax fell to 7.34 Cr from 15.28 Cr, leading to a profit after tax of 2.97 Cr, down from 10.68 Cr, which reflects a PAT margin decline from 20.67% to 4.22%. On the balance sheet, total liabilities increased to 96.75 Cr from 90.27 Cr, while total assets also rose to 96.75 Cr from 90.27 Cr. The company’s cash flow from operating activities decreased to 5.00 Cr from 6.00 Cr, and the net cash outflow was recorded at -2.00 Cr, contrasting with a net inflow of 2.00 Cr in the prior year. Overall, while SKP Bearing experienced growth in sales, the increase in costs and subsequent decline in profitability indicate challenges in maintaining margins.