Alerts will be sent to your verified email
Verify EmailTRIMURTHI
5
10
20
Balance sheet of Novelix Pharma is strong.
It shouldn't have solvency or liquidity issues.
The net debt of Novelix Pharma is decreasing.
Latest net debt of Novelix Pharma is -₹1.35 Crs as of Mar-25.
This is less than Mar-24 when it was -₹0.22 Crs.
Yes, profit is increasing.
The profit of Novelix Pharma is ₹0.97 Crs for TTM, ₹0.08 Crs for Mar 2025 and ₹0.01 Crs for Mar 2024.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Novelix Pharma 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