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Citadel Realty&Dev. balance sheet is weak and might have solvency issues
Yes, The debt of Citadel Realty&Dev. is increasing.
Latest debt of Citadel Realty&Dev. is ₹17.08 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹15.82 Crs.
Yes, profit is increasing.
The profit of Citadel Realty&Dev. is ₹1.17 Crs for TTM, ₹1.15 Crs for Mar 2024 and ₹1.02 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.
Citadel Realty&Dev. 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