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Balance sheet of Morepen Laboratories is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Morepen Laboratories is increasing.
Latest debt of Morepen Laboratories is -₹21.89 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹75.06 Crs.
Yes, profit is increasing.
The profit of Morepen Laboratories is ₹126 Crs for TTM, ₹96.16 Crs for Mar 2024 and ₹38.68 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.
Morepen Laboratories latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable