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IGC Industries balance sheet is weak and might have solvency issues
The debt of IGC Industries is decreasing.
Latest debt of IGC Industries is -₹0.4 Crs as of Sep-24.
This is less than Mar-24 when it was -₹0.01 Crs.
The profit is oscillating.
The profit of IGC Industries is -₹0.39 Crs for Mar 2024, -₹0.18 Crs for Mar 2023 and -₹0.35 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.
IGC Industries latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets