How has been the historical performance of KIFS Financial?

Answer:The historical performance of KIFS Financial shows a fluctuating trend in net sales and profitability over the years, with a notable decline in net sales from INR 46.64 crore in March 2024 to INR 29.12 crore in March 2025. Operating profit, however, increased to INR 11.31 crore in March 2025 from INR 10.25 crore in the previous year, indicating improved operational efficiency despite lower sales. Profit after tax also rose to INR 8.07 crore in March 2025, up from INR 7.12 crore in March 2024, reflecting a PAT margin increase to 27.71%. The company's total assets grew significantly to INR 393.61 crore in March 2025 from INR 301.70 crore in March 2024, primarily driven by an increase in cash and bank balances, which surged to INR 176.76 crore. Total liabilities also increased to INR 393.61 crore, with short-term borrowings rising to INR 332.05 crore. The book value per share improved to INR 52.7 in March 2025, up from INR 46.65 in March 2024, indicating a strengthening financial position.

Breakdown:
KIFS Financial's net sales peaked at INR 46.64 crore in March 2024 but fell to INR 29.12 crore in March 2025. Despite this drop, the operating profit increased to INR 11.31 crore in March 2025, suggesting better cost management, while profit after tax rose to INR 8.07 crore, enhancing the PAT margin to 27.71%. The company's total assets expanded to INR 393.61 crore, bolstered by a significant increase in cash and bank balances, which reached INR 176.76 crore. Total liabilities also rose to INR 393.61 crore, driven by higher short-term borrowings of INR 332.05 crore. The book value per share increased to INR 52.7, reflecting a positive trend in shareholder equity.