Alerts will be sent to your verified email
Verify EmailPOLYMAC
Polymac Thermoformer balance sheet is weak and might have solvency issues
Yes, The debt of Polymac Thermoformer is increasing.
Latest debt of Polymac Thermoformer is ₹1.43 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹6.83 Crs.
The profit is oscillating.
The profit of Polymac Thermoformer is ₹0.45 Crs for Mar 2023, ₹0.5 Crs for Mar 2022 and ₹0.11 Crs for Mar 2021
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Polymac Thermoformer latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets