Alerts will be sent to your verified email
Verify EmailPRAENG
Prajay Engg.Syndicat balance sheet is weak and might have solvency issues
Yes, The debt of Prajay Engg.Syndicat is increasing.
Latest debt of Prajay Engg.Syndicat is ₹137 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹111 Crs.
No, profit is decreasing.
The profit of Prajay Engg.Syndicat is -₹40.95 Crs for TTM, -₹39.85 Crs for Mar 2024 and -₹9.42 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.
Prajay Engg.Syndicat latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets