How has been the historical performance of Vallabh Steels?

Answer:The historical performance of Vallabh Steels shows a significant decline in financial metrics over the years.

Breakdown:
Vallabh Steels has 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 total expenditure, excluding depreciation, also fell sharply from 136.06 crore in March 2018 to 0.37 crore in March 2025. Operating profit (PBDIT) turned negative, going from a profit of 6.71 crore in March 2018 to a loss of 0.37 crore in March 2025. Profit before tax and profit after tax also reflected this downward trajectory, with losses increasing from 0.67 crore and 0.94 crore in March 2018 to losses of 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 shareholder's funds turned negative, indicating a decline in equity from 21.45 crore in March 2020 to -22.07 crore in March 2025. Cash flow from operating activities remained stagnant at zero in the last two years, highlighting the company's ongoing financial struggles.