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Harmony Capital balance sheet is weak and might have solvency issues
Yes, The debt of Harmony Capital is increasing.
Latest debt of Harmony Capital is -₹0.1 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹0.93 Crs.
The profit is oscillating.
The profit of Harmony Capital is -₹0.07 Crs for Mar 2024, ₹0.1 Crs for Mar 2023 and -₹0.01 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.
Harmony Capital 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