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Latest balance sheet of IDBI is strong, However historically the companies balance sheet has shown some weakness.
Yes, profit is increasing.
The profit of IDBI is ₹7,172 Crs for TTM, ₹5,788 Crs for Mar 2024 and ₹3,706 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.
IDBI latest dividend payout ratio is 27.87% and 3yr average dividend payout ratio is 28.44%
Company has been allocating majority of new resources to productive uses like advances.