How has been the historical performance of the Blue Water?

Answer:The historical performance of Blue Water shows significant growth in its financial metrics over the past three years.

Breakdown:
Blue Water's balance sheet reveals a substantial increase in shareholder's funds, rising from Rs 3.54 crore in March 2023 to Rs 20.15 crore in March 2025. This growth is supported by an increase in share capital from Rs 2 crore in both March 2023 and March 2024 to Rs 8 crore in March 2025, alongside total reserves that grew from Rs 1.54 crore to Rs 12.15 crore in the same period. Long-term borrowings have also increased, from Rs 6.43 crore in March 2023 to Rs 13.98 crore in March 2025, indicating a rise in both secured and unsecured loans. Total liabilities surged from Rs 29.22 crore to Rs 76.34 crore, reflecting the company's expansion. Current assets increased significantly, from Rs 26.61 crore to Rs 68.07 crore, driven by a rise in sundry debtors and other current assets. The book value per share adjusted rose from Rs 4.425 in March 2023 to Rs 25.19 in March 2025, indicating improved shareholder value. Overall, Blue Water's financial performance demonstrates a strong upward trend in both assets and equity, despite the increase in liabilities.