Revenue and Profit Growth
Over the past six years, AastamangalamFin’s net sales have shown a robust upward trend, rising from ₹1.06 crore in March 2019 to ₹15.27 crore by March 2025. This represents a more than fourteen-fold increase, underscoring the company’s expanding market presence and operational scale. Total operating income mirrored this growth, as other operating income remained negligible throughout the period.
Operating profit before depreciation and interest (PBDIT) excluding other income surged from ₹0.64 crore in 2019 to ₹10.27 crore in 2025, reflecting improved operational efficiency and cost management. The operating profit margin, excluding other income, remained strong, fluctuating between 57.5% and 86.9%, with a slight dip in 2022 before stabilising above 67% in the latest fiscal year.
Profit after tax (PAT) also exhibited substantial growth, climbing from ₹0.44 crore in 2019 to ₹8.28 crore in 2025. Correspondingly, the PAT margin improved significantly, reaching 54.2% in 2025, indicating the company’s ability to convert revenue into net earnings effectively.
Handpicked from 50, scrutinized by experts – Our recent selection, this Mid Cap from Bank - Public, is already delivering results. Don't miss next month's pick!
- - Expert-scrutinized selection
- - Already delivering results
- - Monthly focused approach
Balance Sheet and Capital Structure
AastamangalamFin’s shareholder funds have expanded impressively, rising from ₹13.98 crore in 2021 to ₹74.07 crore in 2025. This growth is supported by a steady increase in equity capital, which more than tripled from ₹4.28 crore in 2019 to ₹15.54 crore in 2025, alongside a significant build-up in reserves, which reached ₹58.53 crore in the latest fiscal year.
The company’s total liabilities have also increased, from ₹14.23 crore in 2021 to ₹121.67 crore in 2025, largely driven by short-term borrowings that rose to ₹44.45 crore by 2025. Despite this, AastamangalamFin has maintained a conservative approach with no long-term borrowings reported during this period.
Asset-wise, total assets grew from ₹14.23 crore in 2021 to ₹121.67 crore in 2025, reflecting the company’s expanding operational base. Non-current assets remained minimal, with the bulk of assets comprising long-term loans and advances, which surged to ₹118.87 crore in 2025, indicating strategic investments or financing activities.
Cash Flow and Liquidity Trends
Cash flow from operating activities has been negative in recent years, with ₹-33 crore reported in 2025, primarily due to significant changes in working capital requirements. This contrasts with positive net cash inflows in earlier years, such as ₹17 crore in 2023. Financing activities have been a key source of cash, with inflows of ₹30 crore in 2025, supporting the company’s liquidity needs.
Closing cash and cash equivalents declined from ₹17 crore in 2023 to ₹2 crore in 2025, reflecting the company’s utilisation of cash reserves to fund operations and growth. Despite these outflows, the company’s book value per share has steadily increased, reaching ₹47.66 in 2025, signalling enhanced shareholder value over time.
Holding AastamangalamFin from Non Banking Financial Company (NBFC)? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- - Peer comparison ready
- - Superior options identified
- - Cross market-cap analysis
Summary and Investor Considerations
Overall, AastamangalamFin’s historical performance reflects a company in a strong growth phase, characterised by rapidly increasing revenues and profits, a solidifying capital base, and expanding asset size. The consistent rise in earnings per share from ₹1.03 in 2019 to ₹5.33 in 2025 further highlights the company’s improving profitability and shareholder returns.
However, investors should note the negative cash flow from operations in recent years and the rising short-term borrowings, which may warrant closer scrutiny of liquidity management. The absence of long-term debt suggests a cautious approach to leverage, which could be favourable in maintaining financial stability.
In conclusion, AastamangalamFin’s financial history demonstrates a compelling growth story with strong margins and increasing shareholder equity, balanced by the need to monitor working capital and cash flow dynamics as the company continues to expand.
Limited Time Only! Subscribe for Rs. 12,999 and get 1 Year of MojoOne + an Additional Year Completely FREE. Don't miss out on this exclusive offer. Claim Your Free Year →
