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Vaxtex Cotfab balance sheet is weak and might have solvency issues
Yes, The debt of Vaxtex Cotfab is increasing.
Latest debt of Vaxtex Cotfab is ₹11.87 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹11.47 Crs.
The profit is oscillating.
The profit of Vaxtex Cotfab is -₹1.08 Crs for TTM, -₹8.83 Crs for Mar 2024 and ₹1.13 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.
Vaxtex Cotfab latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets