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RJ Shah & Co balance sheet is weak and might have solvency issues
Yes, The debt of RJ Shah & Co is increasing.
Latest debt of RJ Shah & Co is ₹0.88 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹0.44 Crs.
Yes, profit is increasing.
The profit of RJ Shah & Co is ₹3.74 Crs for Mar 2024, ₹0.58 Crs for Mar 2023 and ₹0.55 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.
RJ Shah & Co latest dividend payout ratio is 1.87% and 3yr average dividend payout ratio is 8.94%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable