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Balance sheet of SKP Securities is strong.
It shouldn't have solvency or liquidity issues.
The debt of SKP Securities is decreasing.
Latest debt of SKP Securities is -₹45.67 Crs as of Mar-24.
This is less than Mar-23 when it was -₹34.79 Crs.
Yes, profit is increasing.
The profit of SKP Securities is ₹11.68 Crs for TTM, ₹8.65 Crs for Mar 2024 and ₹3.1 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.
SKP Securities latest dividend payout ratio is 11.81% and 3yr average dividend payout ratio is 16.88%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable