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Muller & Phipps (I) balance sheet is weak and might have solvency issues
Yes, The debt of Muller & Phipps (I) is increasing.
Latest debt of Muller & Phipps (I) is ₹0.61 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹0.23 Crs.
The profit is oscillating.
The profit of Muller & Phipps (I) is ₹0.73 Crs for Mar 2024, ₹0.21 Crs for Mar 2023 and ₹0.43 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.
Muller & Phipps (I) 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