How has been the historical performance of Indbank Merchant?

Answer:The historical performance of Indbank Merchant shows a steady increase in net sales and profit over the years, with significant improvements in recent periods.

Breakdown:
Indbank Merchant's net sales have shown a consistent upward trend, rising from 8.12 crore in March 2019 to 26.78 crore in March 2025. Total operating income followed a similar trajectory, reaching 26.78 crore in March 2025, up from 8.12 crore in March 2019. The company has also improved its operating profit (PBDIT), which increased from a loss of 5.23 crore in March 2020 to a profit of 11.94 crore in March 2025. Profit before tax has also seen growth, moving from 1.81 crore in March 2019 to 11.50 crore in March 2025. Profit after tax has increased from 1.77 crore in March 2019 to 8.46 crore in March 2025, reflecting a healthy PAT margin of 31.59% in the latest fiscal year. The company's total assets have grown from 70.28 crore in March 2020 to 116.45 crore in March 2025, while total liabilities have also increased, but at a slower rate, indicating a strengthening balance sheet. Cash flow from operating activities has fluctuated, with a notable improvement in cash and cash equivalents, which rose to 1.00 crore in March 2025 from 0.00 crore in March 2024. Overall, Indbank Merchant has demonstrated significant growth in revenue and profitability, alongside a solid asset base.