Alerts will be sent to your verified email
Verify EmailMUFTI
Balance sheet of Credo Brands Mktg is strong.
It shouldn't have solvency or liquidity issues.
The debt of Credo Brands Mktg is decreasing.
Latest debt of Credo Brands Mktg is ₹17.53 Crs as of Sep-24.
This is less than Mar-24 when it was ₹33.32 Crs.
The profit is oscillating.
The profit of Credo Brands Mktg is ₹61.61 Crs for TTM, ₹59.2 Crs for Mar 2024 and ₹77.51 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.
Credo Brands Mktg latest dividend payout ratio is 5.45% and 3yr average dividend payout ratio is 23.46%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable