How has been the historical performance of the Mayur Leather?

Answer:The historical performance of Mayur Leather shows a significant decline in net sales and profitability over the years, culminating in a complete halt in operations by March 2025.

Breakdown:
Mayur Leather's net sales have decreased from Rs 24.02 crore in March 2017 to Rs 0.00 crore by March 2025, indicating a troubling trend of declining revenue. The total operating income followed a similar trajectory, dropping from Rs 24.02 crore in March 2017 to Rs 9.27 crore in March 2022, and then to zero in March 2025. The company's operating profit margin has also worsened, moving from -12.13% in March 2017 to -5.93% in March 2022, and ultimately to 0.0% in March 2025. Profit before tax has shown a consistent decline, transitioning from a loss of Rs 2.22 crore in March 2017 to a slight profit of Rs 0.03 crore in March 2025. However, the net profit figures reflect a similar decline, with losses reaching Rs 2.84 crore in March 2018 and only a marginal profit of Rs 0.03 crore by March 2025. The company's total liabilities decreased from Rs 25.59 crore in March 2017 to Rs 18.31 crore in March 2022, but the lack of operational income by March 2025 raises concerns about its financial sustainability. Overall, the data reflects a company that has struggled significantly over the years, leading to a cessation of operations by 2025.