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Balance sheet of Vijay Solvex is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Vijay Solvex is increasing.
Latest debt of Vijay Solvex is -₹3.67 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹185.61 Crs.
The profit is oscillating.
The profit of Vijay Solvex is ₹21.14 Crs for TTM, ₹2.94 Crs for Mar 2024 and ₹17 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.
Vijay Solvex 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, Capital Work in Progress, Inventory, Short Term Loans & Advances