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 152.35 Cr in March 2014 to just 33.58 Cr in March 2020. This downward trend in total operating income mirrored the sales decline, dropping from 156.39 Cr in March 2014 to 33.58 Cr in March 2020. The company's total expenditure also decreased from 118.84 Cr in March 2014 to 49.18 Cr in March 2020, although the operating profit (PBDIT) remained negative in the last two years, with 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 fell from 240.60 Cr in March 2018 to 177.84 Cr in March 2019. The cash flow from operating activities was notably negative in recent years, indicating challenges in generating cash from core operations. Overall, TGB Banquets has faced significant financial challenges, particularly in terms of revenue generation and profitability, but showed signs of recovery in the latest fiscal year.