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Balance sheet of Asian Energy Service is strong.
It shouldn't have solvency or liquidity issues.
The debt of Asian Energy Service is decreasing.
Latest debt of Asian Energy Service is -₹62.27 Crs as of Sep-24.
This is less than Mar-24 when it was -₹56.33 Crs.
Yes, profit is increasing.
The profit of Asian Energy Service is ₹29.98 Crs for TTM, ₹25.47 Crs for Mar 2024 and -₹44.36 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.
Asian Energy Service latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable