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Balance sheet of Ravindra Energy is strong.
It shouldn't have solvency or liquidity issues.
The net debt of Ravindra Energy is decreasing.
Latest net debt of Ravindra Energy is ₹65.18 Crs as of Sep-24.
This is less than Mar-24 when it was ₹101 Crs.
No, profit is decreasing.
The profit of Ravindra Energy is -₹53.72 Crs for TTM, -₹50.9 Crs for Mar 2024 and ₹16.7 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.
Ravindra Energy 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 and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Short Term Loans & Advances