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Rishab Sp Yarns balance sheet is weak and might have solvency issues
Yes, The debt of Rishab Sp Yarns is increasing.
Latest debt of Rishab Sp Yarns is ₹0.42 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹0.3 Crs.
No, profit is decreasing.
The profit of Rishab Sp Yarns is -₹0.13 Crs for Mar 2024, -₹0.09 Crs for Mar 2023 and ₹0.42 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.
Rishab Sp Yarns latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances