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Balance sheet of Cigniti Technologies is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Cigniti Technologies is increasing.
Latest debt of Cigniti Technologies is -₹187.87 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹286 Crs.
No, profit is decreasing.
The profit of Cigniti Technologies is ₹154 Crs for TTM, ₹166 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.
Cigniti Technologies latest dividend payout ratio is 4.95% and 3yr average dividend payout ratio is 7.17%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable