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, particularly from 2014 to 2020.

Breakdown:
TGB Banquets experienced a decline in net sales from INR 152.35 crore in March 2014 to INR 33.58 crore in March 2020. This downward trend in total operating income mirrored the sales decline, dropping from INR 156.39 crore in March 2014 to the same INR 33.58 crore in March 2020. The company's operating profit (PBDIT) also reflected this trend, moving from a profit of INR 39.51 crore in March 2014 to a loss of INR 15.60 crore in March 2020. Profit before tax followed a similar pattern, with a loss of INR 46.11 crore in March 2019 and a slight recovery to a profit of INR 0.42 crore in March 2020. Despite these challenges, the profit after tax showed a positive shift from a loss of INR 54.25 crore in March 2019 to a profit of INR 0.86 crore in March 2020. The company's total liabilities decreased from INR 177.84 crore in March 2019 to INR 240.60 crore in March 2018, indicating a reduction in debt levels. Cash flow from operating activities was negative in March 2019 at INR 0.00, but the company managed to maintain a closing cash balance of INR 3.00 crore in March 2019. Overall, TGB Banquets faced significant challenges in revenue generation and profitability, but showed signs of recovery in the most recent fiscal year.