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Balance sheet of Veritaas Advertising is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Veritaas Advertising is increasing.
Latest debt of Veritaas Advertising is ₹2.3 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹1.77 Crs.
Yes, profit is increasing.
The profit of Veritaas Advertising is ₹1.75 Crs for TTM, ₹1.7 Crs for Mar 2024 and ₹0.43 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.
Veritaas Advertising 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 Capital Work in Progress