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Maxgrow India balance sheet is weak and might have solvency issues
Yes, The net debt of Maxgrow India is increasing.
Latest net debt of Maxgrow India is ₹0.13 Crs as of Sep-24.
This is greater than Mar-20 when it was -₹0.07 Crs.
The profit is oscillating.
The profit of Maxgrow India is -₹0.13 Crs for Mar 2020, ₹0.01 Crs for Mar 2019 and -₹0.11 Crs for Mar 2018
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Maxgrow India latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets