How has been the historical performance of Z F Steering?

Answer:The historical performance of Z F Steering shows a mixed trend in various financial metrics over the years.

Breakdown:
Z F Steering's net sales have shown a steady increase from INR 312.80 crore in March 2022 to INR 493.87 crore in March 2025, indicating a positive growth trajectory. Total operating income followed a similar trend, rising from INR 450.43 crore in March 2023 to INR 493.87 crore in March 2025. However, the total expenditure also increased, from INR 272.18 crore in March 2022 to INR 440.75 crore in March 2025, reflecting rising costs, particularly in raw material and employee expenses. Operating profit (PBDIT) fluctuated, peaking at INR 88.23 crore in March 2018 but dropping to INR 73.84 crore by March 2025. Profit before tax saw a decline from INR 63.19 crore in March 2017 to INR 24.50 crore in March 2025, while profit after tax also decreased significantly from INR 65.54 crore in March 2019 to INR 12.59 crore in March 2025. The company's net profit followed this downward trend, falling from INR 65.54 crore in March 2019 to INR 14.92 crore in March 2025. On the balance sheet, total liabilities increased from INR 428.59 crore in March 2019 to INR 577.27 crore in March 2024, with total assets also rising to INR 577.27 crore in March 2024. Cash flow from operating activities decreased from INR 72.00 crore in March 2019 to INR 34.00 crore in March 2024, while cash flow from investing activities remained negative, indicating ongoing investments. Overall, Z F Steering has experienced growth in sales and assets but faced challenges in profitability and cash flow in recent years.