How has been the historical performance of Techindia Nirman?

Answer:The historical performance of Techindia Nirman shows a consistent pattern in its financial metrics over the years, with no significant changes in share capital and a gradual decline in shareholder's funds.

Breakdown:
From March 2019 to March 2024, Techindia Nirman's share capital remained stable at Rs 14.33 crore, while total reserves shifted from a positive Rs 0.05 crore in March 2019 to a negative Rs 2.58 crore in March 2024, indicating a deterioration in financial health. Shareholder's funds decreased from Rs 14.38 crore in March 2019 to Rs 11.75 crore in March 2024. The company has not taken on any long-term borrowings, maintaining a total debt that rose from Rs 52.45 crore in March 2019 to Rs 80.53 crore in March 2024, primarily through short-term borrowings. Total liabilities increased from Rs 66.88 crore in March 2019 to Rs 92.35 crore in March 2024, reflecting a growing financial burden. The total assets also rose from Rs 66.88 crore to Rs 92.35 crore in the same period, but the net current assets remained negative, indicating ongoing liquidity issues. Cash flow from operating activities consistently showed negative figures, with a cash flow of Rs -12.00 crore in March 2024, while cash flow from financing activities fluctuated, peaking at Rs 13.00 crore in March 2023. Overall, the financial data suggests that Techindia Nirman has faced challenges in profitability and liquidity over the years.