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Balance sheet of Novateor Research is strong.
It shouldn't have solvency or liquidity issues.
The debt of Novateor Research is decreasing.
Latest debt of Novateor Research is ₹0.67 Crs as of Sep-24.
This is less than Mar-24 when it was ₹0.97 Crs.
The profit is oscillating.
The profit of Novateor Research is ₹0.03 Crs for Mar 2024, ₹0.04 Crs for Mar 2023 and -₹0.23 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.
Novateor Research latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Short Term Loans & Advances