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Balance sheet of Veer Energy & Infra is strong.
But short term working capital might become an issue for this company.
Yes, The net debt of Veer Energy & Infra is increasing.
Latest net debt of Veer Energy & Infra is -₹1.23 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹7.13 Crs.
Yes, profit is increasing.
The profit of Veer Energy & Infra is ₹0.95 Crs for TTM, ₹0.31 Crs for Mar 2024 and ₹0.02 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.
Veer Energy & Infra latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable, Short Term Loans & Advances