How has been the historical performance of the Joindre Capital?

Answer:The historical performance of Joindre Capital shows significant growth in net sales and profitability over the years, particularly in the latest fiscal year ending March 2025.

Breakdown:
Joindre Capital's net sales have increased from Rs 17.98 crore in March 2019 to Rs 48.34 crore in March 2025, demonstrating a strong upward trend. The total operating income followed a similar trajectory, rising to Rs 48.34 crore in March 2025 from Rs 17.98 crore in March 2019. The company's operating profit (PBDIT) has also shown substantial improvement, climbing to Rs 15.02 crore in March 2025 from a loss of Rs 1.82 crore in March 2019. This growth is reflected in the operating profit margin, which improved from -10.12% in March 2019 to 30.78% in March 2025. Profit before tax surged to Rs 13.38 crore in March 2025, up from Rs 5.62 crore in March 2019, while profit after tax reached Rs 9.96 crore in March 2025, a significant increase from Rs 4.71 crore in March 2019. The company's total assets increased from Rs 87.37 crore in March 2019 to Rs 173.81 crore in March 2024, indicating robust growth in its financial position. Additionally, cash and cash equivalents rose from Rs 60.96 crore in March 2019 to Rs 108.56 crore in March 2024, reflecting improved liquidity. Overall, Joindre Capital has demonstrated a strong performance trajectory with increasing revenues, profits, and asset growth over the years.