Alerts will be sent to your verified email
Verify EmailPURVA
Puravankara balance sheet is weak and might have solvency issues
Yes, The debt of Puravankara is increasing.
Latest debt of Puravankara is ₹3,041 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹1,430 Crs.
No, profit is decreasing.
The profit of Puravankara is -₹106.5 Crs for TTM, ₹42.65 Crs for Mar 2024 and ₹63.86 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.
Puravankara latest dividend payout ratio is 350.31% and 3yr average dividend payout ratio is 215.05%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory