How has been the historical performance of Aavas Financiers?

Answer:The historical performance of Aavas Financiers shows a consistent growth trajectory in net sales and profitability over the years.

Breakdown:
Aavas Financiers has demonstrated significant growth in net sales, increasing from 493.57 Cr in March 2018 to 2,017.90 Cr in March 2024. This upward trend is mirrored in total operating income, which rose from 493.57 Cr in March 2018 to 2,017.90 Cr in March 2024. Operating profit (PBDIT) also saw a substantial increase, climbing from 332.06 Cr in March 2018 to 1,486.40 Cr in March 2024, while profit before tax reached 625.37 Cr in March 2024, up from 134.25 Cr in March 2018. The profit after tax followed a similar pattern, growing from 93.04 Cr in March 2018 to 490.69 Cr in March 2024. The company's total assets increased from 5,626.90 Cr in March 2019 to 16,519.45 Cr in March 2024, reflecting strong asset accumulation. However, total liabilities also rose significantly, from 3,696.00 Cr in March 2019 to 12,336.50 Cr in March 2024. Cash flow from operating activities has been negative, with a cash outflow of -1,986.00 Cr in March 2024, indicating challenges in cash generation despite the growth in sales and profits. Overall, Aavas Financiers has shown robust growth in revenue and profitability, although it faces liquidity challenges as reflected in its cash flow statements.