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Vega Jewellers balance sheet is weak and might have solvency issues
Yes, The debt of Vega Jewellers is increasing.
Latest debt of Vega Jewellers is ₹0 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹0 Crs.
The profit is oscillating.
The profit of Vega Jewellers is ₹0.16 Crs for Mar 2024, -₹0.38 Crs for Mar 2023 and ₹0.15 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.
Vega Jewellers latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets