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 the previous year. However, total operating income remained the same as net sales due to no other operating income. The total expenditure rose significantly to 59.29 Cr from 34.21 Cr, driven by higher raw material costs and employee expenses. Consequently, the operating profit (PBDIT) decreased to 11.75 Cr from 17.71 Cr, resulting in an operating profit margin that fell to 15.7% from 33.78%. Profit before tax also declined to 7.34 Cr from 15.28 Cr, leading to a profit after tax of 2.97 Cr compared to 10.68 Cr the previous year. This decline is reflected in the earnings per share, which dropped to 1.79 from 6.43. 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 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, contrasting with a net inflow of 2.00 Cr in the prior year. Overall, the financial performance indicates a challenging year for SKP Bearing with significant reductions in profitability despite growth in sales.