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Kolte-Patil Develop. balance sheet is weak and might have solvency issues
Yes, The debt of Kolte-Patil Develop. is increasing.
Latest debt of Kolte-Patil Develop. is ₹689 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹259 Crs.
The profit is oscillating.
The profit of Kolte-Patil Develop. is ₹15.86 Crs for TTM, -₹69.35 Crs for Mar 2024 and ₹104 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.
Kolte-Patil Develop. latest dividend payout ratio is 29.21% and 3yr average dividend payout ratio is 24.18%
Companies resources are allocated to majorly unproductive assets like Inventory