Alerts will be sent to your verified email
Verify EmailDFL
          
        
          
        
              5
            
              10
            
              20
            Decillion Finance balance sheet is weak and might have solvency issues
Yes, The net debt of Decillion Finance is increasing.
Latest net debt of Decillion Finance is ₹0.71 Crs as of Mar-24.
This is greater than Mar-23 when it was  ₹0.61 Crs.
Yes, profit is increasing. 
The profit of Decillion Finance is -₹0.03 Crs for Mar 2024, -₹0.06 Crs for Mar 2023 and -₹0.18 Crs for Mar 2022
The company seems to be paying a very low dividend. 
Investors need to see where the company is allocating its profits. 
Decillion Finance latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances