How has been the historical performance of the Natraj Proteins?

Answer:The historical performance of Natraj Proteins has shown significant fluctuations over the years, particularly in its revenue and profitability metrics.

Breakdown:
Natraj Proteins' net sales have experienced a notable decline from Rs 190.72 crore in March 2019 to Rs 117.78 crore in March 2025, with a peak of Rs 193.73 crore in March 2024. The total operating income followed a similar trend, decreasing from Rs 190.72 crore in March 2019 to Rs 117.78 crore in March 2025. The raw material costs have also decreased significantly, from Rs 166.92 crore in March 2019 to Rs 95.70 crore in March 2025. However, the company faced operating losses, with an operating profit of Rs 1.61 crore in March 2025, a stark contrast to the Rs 14.42 crore profit recorded in March 2022. The profit before tax has been negative in the last two years, with a loss of Rs 1.18 crore in March 2025 and Rs 12.46 crore in March 2024. Consequently, the profit after tax has also been negative, amounting to Rs -1.46 crore in March 2025 and Rs -12.52 crore in March 2024. The company's total liabilities increased from Rs 72.24 crore in March 2019 to Rs 77.83 crore in March 2024, while total assets also rose from Rs 72.24 crore in March 2019 to Rs 77.83 crore in March 2024. Cash flow from operating activities has been negative in recent years, with a cash outflow of Rs -5.00 crore in March 2024, indicating challenges in generating cash from core operations. Overall, Natraj Proteins has faced significant challenges in maintaining profitability and revenue growth over the past few years.