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Pioneer Investcorp balance sheet is weak and might have solvency issues
The debt of Pioneer Investcorp is decreasing.
Latest debt of Pioneer Investcorp is -₹5.35 Crs as of Sep-24.
This is less than Mar-24 when it was ₹91.78 Crs.
Yes, profit is increasing.
The profit of Pioneer Investcorp is ₹5.68 Crs for TTM, ₹4.07 Crs for Mar 2024 and ₹2.06 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.
Pioneer Investcorp latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets