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Asit C Mehta FinServ balance sheet is weak and might have solvency issues
Yes, The debt of Asit C Mehta FinServ is increasing.
Latest debt of Asit C Mehta FinServ is ₹54.3 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹5.92 Crs.
The profit is oscillating.
The profit of Asit C Mehta FinServ is -₹4.71 Crs for TTM, -₹10.8 Crs for Mar 2024 and -₹8.92 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.
Asit C Mehta FinServ latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances