How has been the historical performance of Waterbase?

Answer:The historical performance of Waterbase has shown a declining trend in net sales and profitability over the past few years.

Breakdown:
Waterbase's net sales decreased from 339.25 Cr in Mar'24 to 277.71 Cr in Mar'25, following a peak of 304.08 Cr in Mar'23. The total operating income mirrored this decline, dropping to 277.71 Cr in Mar'25 from 339.25 Cr in the previous year. The company's total expenditure, excluding depreciation, was 295.99 Cr in Mar'25, which also represented a decrease from 343.07 Cr in Mar'24. This led to an operating profit (PBDIT) of -13.06 Cr in Mar'25, down from -0.74 Cr in Mar'24, indicating a significant deterioration in operational performance. The profit before tax further declined to -23.90 Cr in Mar'25, compared to -13.26 Cr in Mar'24, while the profit after tax was -18.16 Cr in Mar'25, worsening from -10.45 Cr in Mar'24. The company's earnings per share (EPS) also reflected this negative trend, falling to -4.38 in Mar'25 from -2.52 in Mar'24. On the balance sheet, total assets decreased to 235.83 Cr in Mar'24 from 282.72 Cr in Mar'23, while total liabilities also reduced to 235.83 Cr in Mar'24 from 282.72 Cr in Mar'23, indicating a tightening financial position. Cash flow from operating activities was positive at 6.00 Cr in Mar'24, but the net cash outflow was -6.00 Cr, suggesting challenges in maintaining liquidity. Overall, Waterbase's financial metrics indicate a concerning trend of declining sales, increasing losses, and tightening cash flow.