How has been the historical performance of Pioneer Invest?

Answer:The historical performance of Pioneer Invest shows a fluctuating trend in key financial metrics over the years.

Breakdown:
Pioneer Invest's net sales have shown a gradual increase from INR 30.42 crore in March 2021 to INR 36.20 crore in March 2025, with a notable dip to INR 31.88 crore in March 2023. The total operating income followed a similar pattern, peaking at INR 42.33 crore in March 2020 before declining and then recovering slightly to INR 36.20 crore in March 2025. Operating profit (PBDIT) excluding other income reached INR 11.72 crore in March 2025, up from INR 10.63 crore in March 2023, although it was lower than the INR 15.32 crore recorded in March 2022. The profit before tax has significantly improved from INR 1.86 crore in March 2019 to INR 7.97 crore in March 2025, reflecting a positive trend in profitability. The profit after tax also rose to INR 5.18 crore in March 2025, compared to INR 2.06 crore in March 2023. On the balance sheet, total liabilities increased from INR 178.19 crore in March 2020 to INR 448.38 crore in March 2025, while total assets also rose to INR 448.38 crore in March 2025, indicating a balanced growth in both assets and liabilities. Cash flow from operating activities has been negative in recent years, with a cash outflow of INR 24 crore in March 2025, contrasting with a positive cash flow of INR 68 crore in March 2022. Overall, Pioneer Invest has shown resilience in its revenue and profit metrics, despite challenges in cash flow management.