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Dalmia Indl. Dev balance sheet is weak and might have solvency issues
Yes, The debt of Dalmia Indl. Dev is increasing.
Latest debt of Dalmia Indl. Dev is ₹0.54 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹3.9 Crs.
The profit is oscillating.
The profit of Dalmia Indl. Dev is ₹0.02 Crs for Mar 2024, ₹0.04 Crs for Mar 2023 and -₹0.06 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Dalmia Indl. 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