How has been the historical performance of United Textiles?

Answer:The historical performance of United Textiles shows a consistent trend in its financial metrics over the years, particularly in its balance sheet and cash flow results.

Breakdown:
United Textiles has maintained a stable share capital of Rs 3.00 crore from Mar'18 to Mar'23. The total reserves have slightly increased from Rs 7.39 crore in Mar'18 to Rs 7.46 crore in Mar'23, indicating a gradual growth in retained earnings. Shareholder's funds also saw a modest rise, reaching Rs 10.46 crore in Mar'23 from Rs 10.39 crore in Mar'18. Long-term borrowings have increased significantly from Rs 0.09 crore in Mar'18 to Rs 5.02 crore in Mar'23, reflecting a growing reliance on debt financing. Total liabilities rose from Rs 14.83 crore in Mar'18 to Rs 22.70 crore in Mar'23, while total assets increased from Rs 14.83 crore to Rs 22.70 crore in the same period, showing a proportional growth in both assets and liabilities. The book value per share has remained relatively stable, increasing slightly from Rs 34.63 in Mar'18 to Rs 34.86 in Mar'23. Cash flow results indicate a challenging environment, with cash flow from operating activities fluctuating, showing a negative cash flow of Rs 2.00 crore in Mar'23, while cash flow from investing activities has also been negative at Rs -2.00 crore in Mar'24. Overall, the company has demonstrated steady asset growth but faces challenges in cash flow management.