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Globe Commercials balance sheet is weak and might have solvency issues
Yes, The net debt of Globe Commercials is increasing.
Latest net debt of Globe Commercials is ₹2.46 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹1.39 Crs.
Yes, profit is increasing.
The profit of Globe Commercials is ₹6.07 Crs for TTM, ₹3.05 Crs for Mar 2024 and ₹2.38 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.
Globe Commercials 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