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Ultra Rich Weddings balance sheet is weak and might have solvency issues
The debt of Ultra Rich Weddings is decreasing.
Latest debt of Ultra Rich Weddings is -₹2.61 Crs as of Mar-23.
This is less than Mar-22 when it was -₹0.28 Crs.
Yes, profit is increasing.
The profit of Ultra Rich Weddings is ₹0.24 Crs for Mar 2023, ₹0.19 Crs for Mar 2022 and ₹0.1 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.
Ultra Rich Weddings latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets