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Balance sheet of Presstonic Engine is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Presstonic Engine is increasing.
Latest debt of Presstonic Engine is ₹5.44 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹8.2 Crs.
The profit is oscillating.
The profit of Presstonic Engine is -₹3.3 Crs for TTM, ₹2.53 Crs for Mar 2024 and ₹2.43 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.
Presstonic Engine latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments