Alerts will be sent to your verified email
Verify EmailSANDESH
Balance sheet of Sandesh is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Sandesh is increasing.
Latest debt of Sandesh is -₹65 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹98.99 Crs.
Yes, profit is increasing.
The profit of Sandesh is ₹189 Crs for TTM, ₹101 Crs for Mar 2023 and ₹89.83 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.
Sandesh latest dividend payout ratio is 3.73% and 3yr average dividend payout ratio is 4.05%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments