How has been the historical performance of the Freshara Agro?

Answer:The historical performance of Freshara Agro shows a complex financial landscape with no standalone annual results declared. As of March 2024, the company has a share capital of Rs 17.00 crore and total reserves of Rs 9.97 crore, leading to shareholder's funds amounting to Rs 26.97 crore. The total liabilities stand at Rs 166.58 crore, which includes long-term borrowings of Rs 11.32 crore and short-term borrowings of Rs 96.24 crore. The total assets are also Rs 166.58 crore, indicating a balanced position between assets and liabilities. The company reported a profit before tax of Rs 9.00 crore, but after adjustments and changes in working capital, the cash flow from operating activities resulted in a negative Rs 17.00 crore. However, cash flow from financing activities provided a positive inflow of Rs 22.00 crore, leading to a net cash inflow/outflow of Rs 0.00 crore, with closing cash and cash equivalents remaining at Rs 3.00 crore.

Breakdown:
Freshara Agro's financial metrics reveal a challenging yet stable situation as of March 2024. The company has not disclosed standalone annual results, but its balance sheet reflects a share capital of Rs 17.00 crore and total reserves of Rs 9.97 crore, culminating in shareholder's funds of Rs 26.97 crore. The total liabilities are significant at Rs 166.58 crore, driven by both long-term and short-term borrowings, which together account for Rs 107.56 crore. On the asset side, total assets match total liabilities at Rs 166.58 crore, with current assets comprising inventories, sundry debtors, and cash. The cash flow statement indicates a profit before tax of Rs 9.00 crore, but after accounting for working capital changes, the cash flow from operating activities is negative at Rs 17.00 crore. Nonetheless, the financing activities have generated a positive cash flow of Rs 22.00 crore, resulting in a stable cash position with closing cash and cash equivalents at Rs 3.00 crore.