How has been the historical performance of the Intec Capital?

Answer:The historical performance of Intec Capital shows a significant decline in net sales and profitability over the years, with a net sales figure of Rs 3.57 crore in March 2025, down from Rs 6.89 crore in March 2023 and Rs 14.86 crore in March 2020. The company has not reported any other operating income during this period. The total operating income has also decreased, reflecting the same downward trend. The total expenditure, excluding depreciation, was Rs 1.66 crore in March 2025, a notable reduction from Rs 27.31 crore in March 2023. Operating profit (PBDIT) has fluctuated, with a positive Rs 1.91 crore in March 2025 compared to a negative Rs 20.42 crore in March 2023. However, interest expenses have increased to Rs 1.16 crore in March 2025 from Rs 0.15 crore in March 2023, impacting the profit before tax, which was Rs 1.16 crore in March 2025, a recovery from the losses of previous years. The profit after tax also improved to Rs 0.22 crore in March 2025, compared to a loss of Rs 28.15 crore in March 2023.

In terms of balance sheet performance, total liabilities decreased to Rs 72.73 crore in March 2024 from Rs 101.97 crore in March 2022, while total assets also declined to Rs 72.73 crore in March 2024 from Rs 101.97 crore in March 2022. The company reported a cash and cash equivalent of Rs 5.00 crore in March 2024, up from Rs 1.00 crore in March 2023, indicating improved liquidity. The net profit margin showed a positive trend, reaching 6.16% in March 2025, a recovery from negative margins in previous years. Overall, while Intec Capital has faced significant challenges, the latest figures indicate a potential turnaround in profitability and cash flow.

Breakdown:
Intec Capital's financial performance has shown a consistent decline in net sales, dropping from Rs 25.42 crore in March 2019 to Rs 3.57 crore in March 2025. The total operating income followed a similar trend, reflecting a decrease from Rs 14.86 crore in March 2020 to Rs 3.57 crore in March 2025. Despite this, the company managed to achieve an operating profit of Rs 1.91 crore in March 2025, a significant improvement from the negative figures seen in previous years. Interest expenses have risen, impacting profit before tax, which stood at Rs 1.16 crore in March 2025, a recovery from losses in earlier years. The profit after tax also improved to Rs 0.22 crore in March 2025, compared to substantial losses in prior periods. On the balance sheet, total liabilities decreased to Rs 72.73 crore in March 2024, while total assets mirrored this decline. The cash position improved, with cash and cash equivalents rising to Rs 5.00 crore in March 2024. The net profit margin reached 6.16% in March 2025, indicating a positive shift in profitability after several years of negative margins.