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Max Financial balance sheet is weak and might have solvency issues
Yes, The debt of Max Financial is increasing.
Latest debt of Max Financial is -₹515.67 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹2,860.97 Crs.
The profit is oscillating.
The profit of Max Financial is ₹416 Crs for TTM, ₹340 Crs for Mar 2024 and ₹378 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.
Max Financial latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments