How has been the historical performance of Sonal Adhesives?

Answer:The historical performance of Sonal Adhesives shows a significant growth trajectory in net sales and operating profit over the years, although profitability metrics have fluctuated.

Breakdown:
Sonal Adhesives has demonstrated a consistent increase in net sales, rising from 16.97 Cr in Mar'21 to 110.33 Cr in Mar'25. This growth is accompanied by a steady rise in total operating income, which reached 110.33 Cr in Mar'25, compared to 100.65 Cr in Mar'24 and 83.33 Cr in Mar'23. The raw material costs have also increased, reflecting the growing scale of operations, with costs rising to 97.51 Cr in Mar'25 from 90.44 Cr in Mar'24. Operating profit, excluding other income, showed a slight increase to 3.12 Cr in Mar'25 from 2.87 Cr in Mar'24, while profit before tax was 2.43 Cr in Mar'25, slightly down from 2.49 Cr in Mar'24. Profit after tax followed a similar trend, decreasing to 1.76 Cr in Mar'25 from 1.85 Cr in Mar'24. The company's total assets increased to 40.34 Cr in Mar'25 from 33.12 Cr in Mar'24, while total liabilities also rose to 40.34 Cr in Mar'25 from 33.12 Cr in Mar'24, indicating a growing financial footprint. The cash flow from operating activities turned positive at 6.00 Cr in Mar'25, contrasting with the previous year where it was zero. Overall, while Sonal Adhesives has shown growth in sales and operating metrics, profitability has seen some volatility, reflecting the challenges of scaling operations.