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POWERGRID Infra balance sheet is weak and might have solvency issues
The debt of POWERGRID Infra is decreasing.
Latest debt of POWERGRID Infra is -₹554.25 Crs as of Mar-24.
This is less than Mar-23 when it was -₹451.52 Crs.
The profit is oscillating.
The profit of POWERGRID Infra is ₹927 Crs for Mar 2024, -₹195.14 Crs for Mar 2023 and ₹507 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.
POWERGRID Infra latest dividend payout ratio is 117.83% and 3yr average dividend payout ratio is 126.24%
Companies resources are majorly tied in miscellaneous assets