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Balance sheet of RM Drip and Sprinkle is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of RM Drip and Sprinkle is increasing.
Latest debt of RM Drip and Sprinkle is ₹9.08 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹4.74 Crs.
Yes, profit is increasing.
The profit of RM Drip and Sprinkle is ₹8.29 Crs for TTM, ₹5.41 Crs for Mar 2024 and ₹0.03 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.
RM Drip and Sprinkle 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