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Orient Beverages balance sheet is weak and might have solvency issues
The debt of Orient Beverages is decreasing.
Latest debt of Orient Beverages is ₹57.68 Crs as of Mar-24.
This is less than Mar-23 when it was ₹58.23 Crs.
Yes, profit is increasing.
The profit of Orient Beverages is ₹2.83 Crs for Mar 2023, ₹0.81 Crs for Mar 2022 and -₹8.05 Crs for Mar 2021
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Orient Beverages latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery