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Balance sheet of Indbank Merch. Bankg is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Indbank Merch. Bankg is increasing.
Latest debt of Indbank Merch. Bankg is -₹84.93 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹141.83 Crs.
Yes, profit is increasing.
The profit of Indbank Merch. Bankg is ₹9.83 Crs for TTM, ₹9 Crs for Mar 2024 and ₹3.5 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.
Indbank Merch. Bankg 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