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Pioneer Investcorp balance sheet is weak and might have solvency issues
Yes, The debt of Pioneer Investcorp is increasing.
Latest debt of Pioneer Investcorp is ₹91.78 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹57.87 Crs.
The profit is oscillating.
The profit of Pioneer Investcorp is ₹3.28 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