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Milgrey Fin.&Invest balance sheet is weak and might have solvency issues
Yes, The debt of Milgrey Fin.&Invest is increasing.
Latest debt of Milgrey Fin.&Invest is ₹28.82 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹27.9 Crs.
Yes, profit is increasing.
The profit of Milgrey Fin.&Invest is ₹0.83 Crs for TTM, ₹0.02 Crs for Mar 2024 and -₹0.13 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.
Milgrey Fin.&Invest latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances