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Balance sheet of Rite Zone Chemcon is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Rite Zone Chemcon is increasing.
Latest debt of Rite Zone Chemcon is -₹0.79 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹4.63 Crs.
Yes, profit is increasing.
The profit of Rite Zone Chemcon is ₹1.35 Crs for TTM, ₹1.13 Crs for Mar 2024 and ₹0.83 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.
Rite Zone Chemcon 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