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Balance sheet of Confidence Futurist. is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Confidence Futurist. is increasing.
Latest net debt of Confidence Futurist. is ₹106 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹53.17 Crs.
The profit is oscillating.
The profit of Confidence Futurist. is ₹5.26 Crs for TTM, ₹8.6 Crs for Mar 2024 and ₹7.12 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.
Confidence Futurist. latest dividend payout ratio is 10.92% and 3yr average dividend payout ratio is 23.34%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Accounts Receivable