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Yarn Syndicate balance sheet is weak and might have solvency issues
The debt of Yarn Syndicate is decreasing.
Latest debt of Yarn Syndicate is ₹2.7 Crs as of Sep-24.
This is less than Mar-24 when it was ₹14 Crs.
The profit is oscillating.
The profit of Yarn Syndicate is ₹0.7 Crs for TTM, ₹0.75 Crs for Mar 2024 and -₹0.16 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.
Yarn Syndicate latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Inventory