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, particularly from Mar'19 to Mar'25.

Breakdown:
Vallabh Steels experienced a drastic decrease in net sales, dropping from 116.87 Cr in Mar'19 to 0.00 Cr by Mar'25. Total operating income followed a similar trend, decreasing from 116.87 Cr in Mar'19 to 0.00 Cr in Mar'25. The company's total expenditure, which was 110.90 Cr in Mar'19, also fell sharply to 0.37 Cr by Mar'25. Operating profit turned negative, with a loss of 0.37 Cr in Mar'25 compared to a profit of 6.00 Cr in Mar'19. Profit before tax and profit after tax both showed worsening losses, reaching -1.43 Cr and -1.41 Cr respectively in Mar'25, compared to small profits in earlier years. The company's reserves turned negative, dropping from 33.94 Cr in Mar'19 to -27.02 Cr in Mar'25, indicating a significant deterioration in financial health. Total assets decreased from 69.31 Cr in Mar'20 to 24.46 Cr in Mar'25, while total liabilities remained relatively stable at around 46.33 Cr. The book value per share also fell sharply, reaching -44.59 by Mar'25, reflecting the company's declining equity position. Overall, Vallabh Steels has faced a severe decline in performance metrics over the years, culminating in a complete halt in sales and a negative financial standing.