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Balance sheet of V-Marc India is strong.
But short term working capital might become an issue for this company.
Yes, The debt of V-Marc India is increasing.
Latest debt of V-Marc India is ₹140 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹75.54 Crs.
The profit is oscillating.
The profit of V-Marc India is ₹10.45 Crs for Mar 2023, ₹4.99 Crs for Mar 2022 and ₹5.79 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.
V-Marc India 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