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Balance sheet of Anand Rathi Wealth is strong.
It shouldn't have solvency or liquidity issues.
The debt of Anand Rathi Wealth is decreasing.
Latest debt of Anand Rathi Wealth is -₹114.61 Crs as of Sep-24.
This is less than Mar-24 when it was -₹57.56 Crs.
Yes, profit is increasing.
The profit of Anand Rathi Wealth is ₹284 Crs for TTM, ₹225 Crs for Mar 2024 and ₹168 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.
Anand Rathi Wealth latest dividend payout ratio is 26.03% and 3yr average dividend payout ratio is 30.62%
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances