Alerts will be sent to your verified email
Verify EmailPARLEIND
Parle Industries balance sheet is weak and might have solvency issues
The debt of Parle Industries is decreasing.
Latest debt of Parle Industries is -₹0.1 Crs as of Sep-24.
This is less than Mar-24 when it was ₹0.65 Crs.
The profit is oscillating.
The profit of Parle Industries is ₹0.03 Crs for Mar 2024, ₹0.04 Crs for Mar 2023 and ₹0.02 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.
Parle Industries latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances