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 profits over the years, culminating in the latest figures for March 2024. Breakdown: Aavas Financiers has demonstrated significant growth in net sales, increasing from 710.17 Cr in March 2019 to 2,017.90 Cr in March 2024. The total operating income has mirrored this upward trend, rising from 493.57 Cr in March 2018 to 2,017.90 Cr in March 2024. Operating profit (PBDIT) has also seen a steady increase, reaching 1,486.40 Cr in March 2024, up from 332.96 Cr in March 2018. Profit before tax has grown from 257.85 Cr in March 2019 to 625.37 Cr in March 2024, while profit after tax has escalated from 176.03 Cr to 490.69 Cr over the same period. The company's total assets have expanded significantly, from 5,626.90 Cr in March 2019 to 16,519.45 Cr in March 2024, alongside total liabilities which increased from 5,626.90 Cr to 16,519.45 Cr. Cash flow from operating activities has been negative, with a notable outflow of -1,986.00 Cr in March 2024, although cash flow from financing activities has been positive, indicating reliance on financing for growth. Overall, Aavas Financiers has shown robust growth in sales and profitability, despite challenges in cash flow management.