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Phaarmasia balance sheet is weak and might have solvency issues
Yes, The net debt of Phaarmasia is increasing.
Latest net debt of Phaarmasia is -₹0.38 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹1.27 Crs.
The profit is oscillating.
The profit of Phaarmasia is -₹0.59 Crs for TTM, -₹0.52 Crs for Mar 2024 and -₹1.26 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.
Phaarmasia latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Inventory