How has been the historical performance of TGB Banquets?

Answer:The historical performance of TGB Banquets shows significant fluctuations in financial metrics over the years, particularly from 2014 to 2020.

Breakdown:
TGB Banquets experienced a decline in net sales from 152.35 Cr in March 2014 to just 33.58 Cr in March 2020. This downward trend is mirrored in total operating income, which fell from 156.39 Cr in March 2014 to the same 33.58 Cr in March 2020. The company's total expenditure also decreased significantly, from 118.84 Cr in March 2014 to 49.18 Cr in March 2020. Operating profit, which was positive at 39.51 Cr in March 2014, turned negative in recent years, culminating in a loss of 15.60 Cr in March 2020. Despite these losses, TGB Banquets reported a profit after tax of 0.86 Cr in March 2020, a recovery from a substantial loss of 54.25 Cr in March 2019. The company's total liabilities decreased from 177.84 Cr in March 2019 to 177.84 Cr in March 2020, while total assets also saw a decline from 240.60 Cr in March 2018 to 177.84 Cr in March 2019. Cash flow from operating activities remained negative in March 2019 at 0.00 Cr, indicating ongoing challenges in generating cash from core operations. Overall, TGB Banquets has faced significant financial challenges, particularly in the last few years, but showed signs of recovery in the most recent fiscal year.