How has been the historical performance of the Loyal Equipments?

Answer:The historical performance of Loyal Equipments shows a decline in key financial metrics over the past four years, particularly in 2022.

Breakdown:
Loyal Equipments experienced a decrease in net sales from Rs 41.44 crore in March 2019 to Rs 32.79 crore in March 2022, with a notable drop from Rs 34.00 crore in March 2020. The total operating income followed a similar trend, reflecting the same figures as net sales. The total expenditure, excluding depreciation, increased from Rs 34.06 crore in March 2019 to Rs 34.56 crore in March 2022, indicating rising costs. Operating profit (PBDIT) turned negative in March 2022 at Rs -1.48 crore, down from Rs 7.82 crore in March 2019. Consequently, profit before tax also fell to Rs -5.17 crore in March 2022, compared to Rs 6.23 crore in March 2019, leading to a net profit of Rs -5.12 crore in March 2022, down from Rs 4.50 crore in March 2019. The company's total assets decreased from Rs 30.95 crore in March 2019 to Rs 46.02 crore in March 2022, while total liabilities slightly increased from Rs 30.95 crore to Rs 46.02 crore over the same period. Cash flow from operating activities remained stagnant, with no inflow in March 2022, contrasting with Rs 2.00 crore in March 2021. Overall, the financial data indicates a challenging period for Loyal Equipments, marked by declining revenues and profitability.