How has been the historical performance of Angel One?

Answer:The historical performance of Angel One shows significant growth in net sales and profitability over the years, with net sales reaching 5,238.38 Cr in March 2025, up from 724.62 Cr in March 2020. The operating profit (PBDIT) also increased substantially, from 188.54 Cr in March 2020 to 1,990.17 Cr in March 2025. Profit after tax rose from 86.79 Cr in March 2020 to 1,172.08 Cr in March 2025, indicating a strong upward trend in profitability. However, the operating profit margin has seen a decline from 43.07% in March 2023 to 37.81% in March 2025, while the profit after tax margin decreased from 29.66% in March 2023 to 22.37% in March 2025. The company's total liabilities increased significantly from 2,185.29 Cr in March 2020 to 16,888.61 Cr in March 2025, with total debt rising from 490.88 Cr to 3,382.83 Cr over the same period. Cash flow from operating activities has been negative in March 2025 at -1,859.00 Cr, contrasting with positive cash flows in previous years.

Breakdown:
Angel One's financial performance has demonstrated remarkable growth, particularly in net sales, which surged from 724.62 Cr in March 2020 to 5,238.38 Cr in March 2025. This growth in revenue has translated into a substantial increase in operating profit (PBDIT), which rose from 188.54 Cr to 1,990.17 Cr during the same period. Despite this growth, the operating profit margin has declined from 43.07% in March 2023 to 37.81% in March 2025, indicating rising costs or competitive pressures. Profit after tax also increased significantly, from 86.79 Cr to 1,172.08 Cr, although the profit after tax margin decreased from 29.66% to 22.37%. On the balance sheet, total liabilities expanded dramatically from 2,185.29 Cr to 16,888.61 Cr, with total debt climbing from 490.88 Cr to 3,382.83 Cr. Cash flow from operating activities turned negative in March 2025, reflecting challenges in cash generation despite the strong revenue growth.