Alerts will be sent to your verified email
Verify EmailPROMACT
Promact Impex balance sheet is weak and might have solvency issues
Yes, The debt of Promact Impex is increasing.
Latest debt of Promact Impex is ₹4.38 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹4.14 Crs.
The profit is oscillating.
The profit of Promact Impex is ₹0.83 Crs for TTM, ₹0.9 Crs for Mar 2024 and ₹0.52 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.
Promact Impex latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets