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SMC Global Sec. balance sheet is weak and might have solvency issues
Yes, The debt of SMC Global Sec. is increasing.
Latest debt of SMC Global Sec. is -₹2,332.56 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹3,295.92 Crs.
Yes, profit is increasing.
The profit of SMC Global Sec. is ₹209 Crs for TTM, ₹187 Crs for Mar 2024 and ₹120 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.
SMC Global Sec. latest dividend payout ratio is 13.42% and 3yr average dividend payout ratio is 16.64%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments