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Paramount Cosmetics balance sheet is weak and might have solvency issues
Yes, The debt of Paramount Cosmetics is increasing.
Latest debt of Paramount Cosmetics is ₹10.67 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹9.28 Crs.
The profit is oscillating.
The profit of Paramount Cosmetics is ₹0.02 Crs for Mar 2024, ₹0.21 Crs for Mar 2023 and ₹0.2 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.
Paramount Cosmetics 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, Capital Work in Progress, Inventory, Short Term Loans & Advances