Alerts will be sent to your verified email
Verify EmailHMVL
Hindustan Media Vent balance sheet is weak and might have solvency issues
Yes, The debt of Hindustan Media Vent is increasing.
Latest debt of Hindustan Media Vent is -₹3.42 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹48.59 Crs.
Yes, profit is increasing.
The profit of Hindustan Media Vent is ₹43.12 Crs for TTM, ₹9.95 Crs for Mar 2024 and -₹38.09 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.
Hindustan Media Vent latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments