How has been the historical performance of Muthoot Microfin?

Answer:The historical performance of Muthoot Microfin shows significant fluctuations in key financial metrics over the past four years.

Breakdown:
Muthoot Microfin's net sales have shown a steady increase, rising from 832.51 crore in March 2022 to 2,561.69 crore in March 2025. However, the company has faced challenges in profitability, with an operating profit (PBDIT) that transitioned from a positive 85.51 crore in March 2022 to a negative 246.06 crore in March 2025. This decline in operating profit is accompanied by a sharp increase in total expenditure, which grew from 757.44 crore in March 2022 to 2,810.50 crore in March 2025. The profit before tax also reflects this downward trend, moving from 64.72 crore in March 2022 to a loss of 288.90 crore in March 2025. Consequently, the profit after tax has turned negative, dropping from 47.40 crore in March 2022 to a loss of 222.52 crore in March 2025. The earnings per share (EPS) have similarly deteriorated, going from 4.15 in March 2022 to -13.05 in March 2025. Despite these challenges, the company has maintained a consistent equity capital of 170.49 crore since March 2024. The cash flow from operating activities has also been negative, indicating ongoing operational difficulties, while cash and cash equivalents increased from 705 crore in March 2023 to 957 crore in March 2024, suggesting some liquidity management despite the losses.