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Balance sheet of Voler Car is strong.
It shouldn't have solvency or liquidity issues.
The debt of Voler Car is decreasing.
Latest debt of Voler Car is -₹0.81 Crs as of Mar-24.
This is less than Mar-23 when it was ₹3.56 Crs.
Yes, profit is increasing.
The profit of Voler Car is ₹4.17 Crs for Mar 2024, ₹2.02 Crs for Mar 2023 and ₹0.93 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Voler Car latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable