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Balance sheet of Innova Captab is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Innova Captab is increasing.
Latest debt of Innova Captab is ₹241 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹68.36 Crs.
Yes, profit is increasing.
The profit of Innova Captab is ₹127 Crs for TTM, ₹94.34 Crs for Mar 2024 and ₹67.95 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.
Innova Captab 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 and unproductive assets like Capital Work in Progress