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Balance sheet of ION Exchage is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of ION Exchage is increasing.
Latest debt of ION Exchage is -₹295.63 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹1,037.22 Crs.
The profit is oscillating.
The profit of ION Exchage is ₹217 Crs for TTM, ₹196 Crs for Mar 2024 and ₹197 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.
ION Exchage latest dividend payout ratio is 10.89% and 3yr average dividend payout ratio is 9.56%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable