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Ratnabhumi Developer balance sheet is weak and might have solvency issues
Yes, The debt of Ratnabhumi Developer is increasing.
Latest debt of Ratnabhumi Developer is ₹187 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹107 Crs.
The profit is oscillating.
The profit of Ratnabhumi Developer is ₹0.23 Crs for Mar 2023, ₹0.17 Crs for Mar 2022 and ₹0.82 Crs for Mar 2021
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Ratnabhumi Developer latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Inventory