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Balance sheet of Phoenix Mills is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Phoenix Mills is increasing.
Latest debt of Phoenix Mills is ₹4,191 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹3,193 Crs.
The profit is oscillating.
The profit of Phoenix Mills is ₹1,337 Crs for TTM, ₹1,099 Crs for Mar 2024 and ₹1,335 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.
Phoenix Mills latest dividend payout ratio is 8.13% and 3yr average dividend payout ratio is 10.96%
Companies resources are majorly tied in miscellaneous assets