How has been the historical performance of the Elgi Rubber Co?

Answer:The historical performance of Elgi Rubber Co shows fluctuations in key financial metrics over the years, with a notable decline in recent periods.

Breakdown:
Elgi Rubber Co's net sales have seen a decrease from Rs 394.50 crore in March 2023 to Rs 383.92 crore in March 2025, reflecting a downward trend. The total operating income followed a similar pattern, declining from Rs 394.50 crore in March 2023 to Rs 383.92 crore in March 2025. The company's total expenditure, excluding depreciation, was Rs 377.43 crore in March 2025, which is slightly lower than Rs 377.73 crore in March 2023. Operating profit (PBDIT) has also decreased significantly from Rs 41.93 crore in March 2023 to Rs 22.52 crore in March 2025. This decline is mirrored in the profit before tax, which fell from Rs 10.06 crore in March 2023 to a loss of Rs 4.51 crore in March 2025. Consequently, the profit after tax also turned negative, resulting in a net loss of Rs 4.36 crore in March 2025, compared to a profit of Rs 6.75 crore in March 2023. The company's total liabilities increased from Rs 505.17 crore in March 2023 to Rs 539.20 crore in March 2024, while total assets rose from Rs 505.17 crore to Rs 539.20 crore in the same period. Cash flow from operating activities decreased from Rs 26 crore in March 2023 to Rs 6 crore in March 2024, indicating challenges in generating cash from core operations. Overall, Elgi Rubber Co has faced a challenging financial environment, with declining sales and profitability in recent years.