Alerts will be sent to your verified email
Verify EmailAPTPACK
Apt Packaging balance sheet is weak and might have solvency issues
Yes, The debt of Apt Packaging is increasing.
Latest debt of Apt Packaging is ₹22.64 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹21.11 Crs.
The profit is oscillating.
The profit of Apt Packaging is -₹2.62 Crs for Mar 2024, -₹1.16 Crs for Mar 2023 and -₹2.85 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Apt Packaging latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances