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Balance sheet of Renaissance Global is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Renaissance Global is increasing.
Latest debt of Renaissance Global is ₹446 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹358 Crs.
No, profit is decreasing.
The profit of Renaissance Global is ₹71.99 Crs for TTM, ₹72.37 Crs for Mar 2024 and ₹87.06 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.
Renaissance Global latest dividend payout ratio is 15.17% and 3yr average dividend payout ratio is 15.17%
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable