Alerts will be sent to your verified email
Verify EmailREADYMIX
Balance sheet of Readymix Constructio is strong.
It shouldn't have solvency or liquidity issues.
The debt of Readymix Constructio is decreasing.
Latest debt of Readymix Constructio is ₹6.51 Crs as of Mar-24.
This is less than Mar-23 when it was ₹6.6 Crs.
Yes, profit is increasing.
The profit of Readymix Constructio is ₹9.28 Crs for Mar 2024, ₹2.78 Crs for Mar 2023 and ₹1.33 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Readymix Constructio latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable