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Welcure Drugs&Pharma balance sheet is weak and might have solvency issues
The debt of Welcure Drugs&Pharma is decreasing.
Latest debt of Welcure Drugs&Pharma is -₹0.23 Crs as of Sep-24.
This is less than Mar-24 when it was -₹0.04 Crs.
The profit is oscillating.
The profit of Welcure Drugs&Pharma is ₹1.89 Crs for TTM, -₹0.17 Crs for Mar 2024 and ₹0.1 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.
Welcure Drugs&Pharma 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, Accounts Receivable, Short Term Loans & Advances