How has been the historical performance of the Shanmuga Hos.?
Shanmuga Hos. has shown mixed financial performance over the past three years, with a profit before tax increasing to Rs 7.00 crore in March 2024 but cash flow from investing activities worsening to negative Rs 11.00 crore. Overall, cash flow after changes in working capital improved significantly to Rs 11.00 crore in March 2024.
Answer:The historical performance of Shanmuga Hos. shows a mixed trend in its cash flow metrics over the past three years.Breakdown:
In the fiscal year ending March 2024, Shanmuga Hos. reported a profit before tax of Rs 7.00 crore, an increase from Rs 6.00 crore in March 2023, but a decrease from Rs 8.00 crore in March 2022. The adjustments for the same period were Rs 1.00 crore in March 2024, compared to no adjustments in March 2023 and none in March 2022. Changes in working capital improved to Rs 2.00 crore in March 2024 from a negative Rs 2.00 crore in March 2023 and a negative Rs 7.00 crore in March 2022. Consequently, cash flow after changes in working capital rose significantly to Rs 11.00 crore in March 2024, up from Rs 5.00 crore in March 2023 and Rs 2.00 crore in March 2022. Cash flow from operating activities also saw a notable increase, reaching Rs 9.00 crore in March 2024, compared to Rs 2.00 crore in March 2023 and Rs 1.00 crore in March 2022. However, cash flow from investing activities worsened, recording a negative Rs 11.00 crore in March 2024, compared to negative Rs 8.00 crore in March 2023 and negative Rs 1.00 crore in March 2022. Cash flow from financing activities was zero in March 2024, down from Rs 7.00 crore in March 2023. The net cash outflow for March 2024 was Rs 1.00 crore, a decline from a net inflow of Rs 2.00 crore in March 2023. The closing cash and cash equivalents decreased to Rs 2.00 crore in March 2024 from Rs 3.00 crore in March 2023, while the opening cash and cash equivalents increased to Rs 3.00 crore in March 2024 from Rs 1.00 crore in both March 2023 and March 2022.
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