How has been the historical performance of Waterbase?

Answer:The historical performance of Waterbase shows 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 fluctuating pattern over the previous years, with a peak of 339.25 Cr in Mar'24 and a low of 211.30 Cr in Mar'21. The total operating income mirrored this decline, dropping to 277.71 Cr in Mar'25 from 339.25 Cr in Mar'24. The company's total expenditure, excluding depreciation, was 295.99 Cr in Mar'25, which was also lower than the previous year's 343.07 Cr. This led to an operating profit (PBDIT) of -18.28 Cr in Mar'25, a significant drop from -3.82 Cr in Mar'24, indicating a consistent deterioration in operational efficiency. The profit before tax further declined to -23.90 Cr in Mar'25 from -13.26 Cr in Mar'24, resulting in a profit after tax of -18.16 Cr for Mar'25, compared to -10.45 Cr in Mar'24. The company's total assets decreased to 231.93 Cr in Mar'25 from 235.83 Cr in Mar'24, while total liabilities slightly decreased to 231.93 Cr from 235.83 Cr, indicating a tightening financial position. Cash flow from operating activities was negative at -12.00 Cr in Mar'25, reflecting ongoing challenges in generating cash from core operations. Overall, Waterbase's financial metrics indicate a concerning trend of declining sales and increasing losses.