How has been the historical performance of Velan Hotels?

Answer:The historical performance of Velan Hotels shows a significant decline in financial metrics over the years, particularly in net sales and profitability.

Breakdown:
Velan Hotels has reported no net sales from March 2022 to March 2025, with a slight revenue of 0.04 Cr in March 2021 and a peak of 3.29 Cr in March 2020. Total operating income followed a similar trend, remaining at 0.00 Cr from March 2022 to March 2025, after a high of 3.29 Cr in March 2020. The total expenditure, excluding depreciation, decreased from 6.64 Cr in March 2019 to 0.89 Cr in March 2025. Operating profit margins have been negative, with the operating profit (PBDIT) reaching -0.89 Cr in March 2025, compared to -0.29 Cr in March 2019. Interest expenses surged to 11.38 Cr in March 2025, contributing to a profit before tax of -12.81 Cr. The profit after tax also reflected losses, amounting to -12.81 Cr in March 2025. The company's total liabilities decreased from 173.82 Cr in March 2020 to 59.18 Cr in March 2025, while total assets also fell from 173.82 Cr to 59.18 Cr over the same period. Cash flow from operating activities has been stagnant, with no cash inflow reported from March 2022 to March 2025. Overall, Velan Hotels has faced significant financial challenges, leading to a deteriorating balance sheet and negative earnings per share.