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Bilcare balance sheet is weak and might have solvency issues
Yes, The debt of Bilcare is increasing.
Latest debt of Bilcare is ₹685 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹682 Crs.
No, profit is decreasing.
The profit of Bilcare is -₹80.87 Crs for TTM, -₹33.24 Crs for Mar 2024 and ₹15.05 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.
Bilcare latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Short Term Loans & Advances