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Balance sheet of Veto Switchgears is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Veto Switchgears is increasing.
Latest debt of Veto Switchgears is ₹8.76 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹6.43 Crs.
No, profit is decreasing.
The profit of Veto Switchgears is ₹16.71 Crs for TTM, ₹17.95 Crs for Mar 2024 and ₹20.25 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.
Veto Switchgears latest dividend payout ratio is 10.65% and 3yr average dividend payout ratio is 9.88%
Companies resources are majorly tied in miscellaneous assets