How has been the historical performance of Vallabh Steels?

Answer:The historical performance of Vallabh Steels shows a significant decline over the years, particularly in net sales and profitability.

Breakdown:
Vallabh Steels experienced a drastic reduction in net sales, dropping from 142.68 crore in March 2018 to zero in March 2025. Total operating income followed a similar trend, decreasing from 142.68 crore in March 2018 to 0.00 crore by March 2025. The company's expenditures also decreased, with total expenditure excluding depreciation falling from 136.06 crore in March 2018 to 0.37 crore in March 2025. Operating profit, which was 6.71 crore in March 2018, turned negative, reaching -0.37 crore in March 2025. Profit before tax and profit after tax also showed a downward trajectory, with losses escalating from 0.20 crore and 0.24 crore in March 2019 to -1.43 crore and -1.41 crore respectively in March 2025. The company's total liabilities decreased from 69.31 crore in March 2020 to 24.46 crore in March 2025, while total assets fell from 69.31 crore to 24.46 crore in the same period. Cash flow from operating activities remained at zero from March 2024 to March 2025, indicating a complete halt in operational cash generation. Overall, Vallabh Steels has faced a continuous decline in financial performance over the years, culminating in zero sales and significant losses.