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Indong Tea Co balance sheet is weak and might have solvency issues
Yes, The debt of Indong Tea Co is increasing.
Latest debt of Indong Tea Co is ₹10.41 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹10.23 Crs.
The profit is oscillating.
The profit of Indong Tea Co is -₹1.36 Crs for Mar 2024, ₹1.13 Crs for Mar 2023 and -₹0.2 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.
Indong Tea Co 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