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Balance sheet of Fidel Softech is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Fidel Softech is increasing.
Latest debt of Fidel Softech is -₹5.88 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹7.04 Crs.
Yes, profit is increasing.
The profit of Fidel Softech is ₹7.77 Crs for TTM, ₹6.06 Crs for Mar 2024 and ₹5.39 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.
Fidel Softech latest dividend payout ratio is 24.96% and 3yr average dividend payout ratio is 21.42%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable