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Zodiac Ventures balance sheet is weak and might have solvency issues
The debt of Zodiac Ventures is decreasing.
Latest debt of Zodiac Ventures is ₹21.34 Crs as of Sep-24.
This is less than Mar-24 when it was ₹46.5 Crs.
Yes, profit is increasing.
The profit of Zodiac Ventures is ₹5.42 Crs for Mar 2024, ₹2.06 Crs for Mar 2023 and -₹5.52 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.
Zodiac Ventures latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Inventory