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Balance sheet of First Custodian Fund is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of First Custodian Fund is increasing.
Latest debt of First Custodian Fund is -₹2.64 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹10.14 Crs.
Yes, profit is increasing.
The profit of First Custodian Fund is ₹2.5 Crs for TTM, ₹1.64 Crs for Mar 2024 and ₹0.47 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.
First Custodian Fund latest dividend payout ratio is 9.15% and 3yr average dividend payout ratio is 20.56%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Short Term Loans & Advances