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Balance sheet of Pranik Logistics is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Pranik Logistics is increasing.
Latest debt of Pranik Logistics is ₹11.64 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹1.02 Crs.
The profit is oscillating.
The profit of Pranik Logistics is ₹3.86 Crs for TTM, ₹4.07 Crs for Mar 2024 and ₹0.93 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.
Pranik Logistics latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable