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 crore in March 2014 to just 33.58 crore in March 2020. This downward trend is mirrored in total operating income, which fell from 156.39 crore in March 2014 to the same 33.58 crore in March 2020. The company's total expenditure, excluding depreciation, also decreased from 118.84 crore in March 2014 to 49.18 crore in March 2020. Operating profit (PBDIT) saw a substantial drop, moving from a profit of 39.51 crore in March 2014 to a loss of 15.60 crore in March 2020. Despite these losses, the company reported a profit after tax of 0.86 crore in March 2020, a recovery from a significant loss of 54.25 crore in March 2019. The earnings per share (EPS) improved to 0.29 in March 2020 from a negative EPS of -18.52 in March 2019. On the balance sheet, total liabilities decreased from 177.84 crore in March 2019 to 0.00 in March 2020, while total assets also fell from 177.84 crore in March 2019 to 0.00 in March 2020. Cash flow from operating activities was negative in March 2019 at -56.98 crore, but the company managed to stabilize its cash position with a closing cash balance of 3.00 crore in March 2019. Overall, TGB Banquets has shown a volatile performance with significant challenges, particularly in revenue generation and profitability, but has made some recovery in the most recent year.