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Indrayani Biotech balance sheet is weak and might have solvency issues
The debt of Indrayani Biotech is decreasing.
Latest debt of Indrayani Biotech is ₹92.58 Crs as of Sep-24.
This is less than Mar-24 when it was ₹107 Crs.
The profit is oscillating.
The profit of Indrayani Biotech is ₹7.15 Crs for TTM, ₹6.36 Crs for Mar 2024 and ₹8.74 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.
Indrayani Biotech latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Inventory, Short Term Loans & Advances