Alerts will be sent to your verified email
Verify EmailJSLL
Balance sheet of Jeena Sikho Life is strong.
It shouldn't have solvency or liquidity issues.
The debt of Jeena Sikho Life is decreasing.
Latest debt of Jeena Sikho Life is -₹120.23 Crs as of Mar-24.
This is less than Mar-23 when it was -₹62.56 Crs.
Yes, profit is increasing.
The profit of Jeena Sikho Life is ₹69.21 Crs for Mar 2024, ₹33.74 Crs for Mar 2023 and ₹11.27 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.
Jeena Sikho Life latest dividend payout ratio is 15.02% and 3yr average dividend payout ratio is 11.6%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments