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ICL Organ.Dairy Prod balance sheet is weak and might have solvency issues
The debt of ICL Organ.Dairy Prod is decreasing.
Latest debt of ICL Organ.Dairy Prod is -₹1.48 Crs as of Mar-23.
This is less than Mar-22 when it was -₹1.24 Crs.
No, profit is decreasing.
The profit of ICL Organ.Dairy Prod is ₹0.07 Crs for Mar 2022, ₹0.1 Crs for Mar 2021 and ₹0.27 Crs for Mar 2020
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
ICL Organ.Dairy Prod latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable