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True Green Bio Energ balance sheet is weak and might have solvency issues
Yes, The debt of True Green Bio Energ is increasing.
Latest debt of True Green Bio Energ is ₹93.84 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹12.34 Crs.
The profit is oscillating.
The profit of True Green Bio Energ is -₹1.1 Crs for TTM, ₹0.81 Crs for Mar 2024 and -₹5.93 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.
True Green Bio Energ latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress