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Dazzel Confindive balance sheet is weak and might have solvency issues
Yes, The net debt of Dazzel Confindive is increasing.
Latest net debt of Dazzel Confindive is ₹0.25 Crs as of Mar-18.
This is greater than Mar-17 when it was ₹0.11 Crs.
The profit is oscillating.
The profit of Dazzel Confindive is -₹0.01 Crs for Mar 2018, -₹0.01 Crs for Mar 2017 and ₹0 Crs for Mar 2016
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Dazzel Confindive 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, Short Term Loans & Advances