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Dev Accelerator balance sheet is weak and might have solvency issues
Yes, The net debt of Dev Accelerator is increasing.
Latest net debt of Dev Accelerator is ₹124 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹100 Crs.
The profit is oscillating.
The profit of Dev Accelerator is -₹5.91 Crs for TTM, ₹1.73 Crs for Mar 2025 and ₹0.43 Crs for Mar 2024.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Dev Accelerator latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets