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Balance sheet of Nova Agritech is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Nova Agritech is increasing.
Latest debt of Nova Agritech is ₹7.45 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹108.32 Crs.
Yes, profit is increasing.
The profit of Nova Agritech is ₹29.89 Crs for TTM, ₹28.31 Crs for Mar 2024 and ₹20.49 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.
Nova Agritech 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