How has been the historical performance of ESAF Small Fin?

Answer:The historical performance of ESAF Small Fin shows significant growth in interest earned and total income, but recent challenges have led to a negative profit trend.

Breakdown:
Over the years, ESAF Small Fin has demonstrated a robust increase in interest earned, rising from 596.84 Cr in Mar'18 to 3,862.22 Cr in Mar'25. Total income has similarly expanded, reaching 4,329.31 Cr in Mar'25 from just 698.70 Cr in Mar'18. However, despite this growth, the company faced a downturn in profitability, with profit before tax dropping to -692.97 Cr in Mar'25 from a profit of 570.41 Cr in Mar'24. Consequently, profit after tax also fell to -521.39 Cr in Mar'25, contrasting sharply with the previous year's profit of 425.57 Cr. The net profit followed suit, declining to -463.39 Cr in Mar'25 from 425.57 Cr in Mar'24. On the balance sheet, total liabilities increased to 26,086.88 Cr in Mar'24, up from 20,223.68 Cr in Mar'23, while total assets also grew to match this rise. Cash flow showed a positive trend with a net increase in cash and cash equivalents of 653.00 Cr in Mar'24, recovering from a decrease of 744.00 Cr in Mar'23. Overall, while ESAF Small Fin has expanded its income-generating capabilities, it has encountered significant challenges in maintaining profitability in recent periods.