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Simplex Realty balance sheet is weak and might have solvency issues
Yes, The debt of Simplex Realty is increasing.
Latest debt of Simplex Realty is -₹0.12 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹0.56 Crs.
The profit is oscillating.
The profit of Simplex Realty is ₹2.22 Crs for TTM, ₹5.11 Crs for Mar 2024 and ₹1.27 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.
Simplex Realty latest dividend payout ratio is 5.85% and 3yr average dividend payout ratio is 15.44%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory, Short Term Loans & Advances