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Mid India Inds. balance sheet is weak and might have solvency issues
Yes, The debt of Mid India Inds. is increasing.
Latest debt of Mid India Inds. is -₹0.03 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹0.4 Crs.
No, profit is decreasing.
The profit of Mid India Inds. is -₹0.43 Crs for Mar 2024, ₹0.43 Crs for Mar 2023 and ₹0.52 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.
Mid India Inds. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets