Alerts will be sent to your verified email
Verify EmailAMTL
Balance sheet of Advance Metering is moderately strong.
Yes, The net debt of Advance Metering is increasing.
Latest net debt of Advance Metering is ₹3.12 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹21.61 Crs.
No, profit is decreasing.
The profit of Advance Metering is -₹5.07 Crs for TTM, -₹2.01 Crs for Mar 2024 and ₹5.5 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.
Advance Metering 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, Capital Work in Progress