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Ambica Agarbathies balance sheet is weak and might have solvency issues
Yes, The debt of Ambica Agarbathies is increasing.
Latest debt of Ambica Agarbathies is ₹80.87 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹64.58 Crs.
The profit is oscillating.
The profit of Ambica Agarbathies is ₹7.12 Crs for TTM, -₹3.66 Crs for Mar 2024 and ₹2.53 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Ambica Agarbathies latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress, Inventory, Short Term Loans & Advances