How has been the historical performance of Bajaj Housing?

Answer:The historical performance of Bajaj Housing shows significant growth in various financial metrics over the past three years.

Breakdown:
Bajaj Housing's net sales have increased from 5,652.59 Cr in Mar'23 to 9,528.16 Cr in Mar'25, reflecting a strong upward trend. Other operating income also rose, contributing to a total operating income of 9,575.61 Cr in Mar'25, up from 5,664.73 Cr in Mar'23. The total expenditure, excluding depreciation, grew from 3,931.77 Cr in Mar'23 to 6,764.58 Cr in Mar'25, while operating profit (PBDIT) increased from 1,732.96 Cr to 2,811.03 Cr during the same period. Despite rising interest expenses, which jumped from 3,211.32 Cr in Mar'23 to 5,979.26 Cr in Mar'25, profit before tax improved from 1,700.06 Cr to 2,770.23 Cr. Consequently, profit after tax also saw a rise from 1,257.80 Cr in Mar'23 to 2,162.90 Cr in Mar'25. The company's equity capital increased significantly from 6,712.16 Cr in Mar'24 to 8,328.15 Cr in Mar'25, and reserves surged from 5,521.34 Cr to 11,618.65 Cr over the same period. However, total liabilities rose sharply from 64,654.14 Cr in Mar'23 to 1,02,764.61 Cr in Mar'25, primarily due to an increase in short-term borrowings. Cash flow from operating activities remained negative, worsening from -14,331.00 Cr in Mar'23 to -17,074.00 Cr in Mar'25, although cash flow from financing activities improved, indicating reliance on external financing. Overall, Bajaj Housing has demonstrated robust growth in sales and profits, but it faces challenges with increasing liabilities and negative cash flow from operations.