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Prestige EstatesProj balance sheet is weak and might have solvency issues
The debt of Prestige EstatesProj is decreasing.
Latest debt of Prestige EstatesProj is ₹5,289 Crs as of Sep-24.
This is less than Mar-24 when it was ₹6,346 Crs.
The profit is oscillating.
The profit of Prestige EstatesProj is ₹801 Crs for TTM, ₹1,374 Crs for Mar 2024 and ₹942 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.
Prestige EstatesProj latest dividend payout ratio is 5.25% and 3yr average dividend payout ratio is 5.62%
Companies resources are allocated to majorly unproductive assets like Inventory