How has been the historical performance of the Panchmahal Steel?

Answer:The historical performance of Panchmahal Steel shows a fluctuating trend in net sales and profitability over the years.

Breakdown:
Panchmahal Steel's net sales have seen a decline from Rs 573.60 crore in March 2022 to Rs 383.10 crore in March 2025, with a notable drop in the last two years. The total operating income followed a similar trend, decreasing from Rs 573.60 crore in March 2022 to Rs 383.10 crore in March 2025. The raw material costs have also fluctuated, peaking at Rs 404.52 crore in March 2022 before reducing to Rs 286.49 crore in March 2025. Operating profit (PBDIT) has significantly decreased from Rs 80.04 crore in March 2022 to Rs 18.22 crore in March 2025, reflecting a decline in operating profit margin from 13.25% to 4.05%. Profit before tax has improved slightly from Rs 3.92 crore in March 2024 to Rs 4.56 crore in March 2025, while profit after tax has increased from Rs 2.97 crore to Rs 3.33 crore in the same period. The company's total liabilities decreased from Rs 295.28 crore in March 2023 to Rs 234.35 crore in March 2024, indicating a reduction in debt levels. Cash flow from operating activities showed a positive trend in March 2024 at Rs 39 crore, contrasting with negative cash flow in the previous year. Overall, the financial metrics suggest a challenging environment for Panchmahal Steel, with declining revenues but some signs of recovery in profitability and cash flow management.