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Balance sheet of Veefin Solutions is strong.
It shouldn't have solvency or liquidity issues.
The debt of Veefin Solutions is decreasing.
Latest debt of Veefin Solutions is -₹102.94 Crs as of Sep-24.
This is less than Mar-24 when it was -₹57.77 Crs.
Yes, profit is increasing.
The profit of Veefin Solutions is ₹10.55 Crs for TTM, ₹7.4 Crs for Mar 2024 and ₹4.28 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.
Veefin Solutions latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments