How has been the historical performance of TGB Banquets?

Answer:The historical performance of TGB Banquets shows significant fluctuations in key financial metrics over the years.

Breakdown:
TGB Banquets experienced a decline in net sales from 152.35 Cr in Mar'14 to 33.58 Cr in Mar'20, reflecting a downward trend in revenue generation. Total operating income followed a similar trajectory, decreasing from 156.39 Cr in Mar'14 to 33.58 Cr in Mar'20. The company's operating profit (PBDIT) saw a notable drop, moving from a profit of 39.51 Cr in Mar'14 to a loss of 15.60 Cr in Mar'20, with the operating profit margin also deteriorating from 24.01% to -46.46% during the same period. Profit before tax fluctuated significantly, with a loss of 46.11 Cr in Mar'19 turning into a slight profit of 0.42 Cr in Mar'20. Despite these challenges, the profit after tax improved from a loss of 54.25 Cr in Mar'19 to a profit of 0.86 Cr in Mar'20. On the balance sheet, total liabilities decreased from 177.84 Cr in Mar'19 to 177.84 Cr in Mar'20, while total assets also declined from 177.84 Cr in Mar'19 to 177.84 Cr in Mar'20. Cash flow from operating activities remained negative, with a cash outflow of 56.98 Cr in Mar'18, but improved to a neutral position in Mar'19. Overall, TGB Banquets has faced significant financial challenges, particularly in revenue and profitability, but showed signs of recovery in the most recent year.