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Wardwizard Foods&Bev balance sheet is weak and might have solvency issues
Yes, The net debt of Wardwizard Foods&Bev is increasing.
Latest net debt of Wardwizard Foods&Bev is ₹28.87 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹24.53 Crs.
The profit is oscillating.
The profit of Wardwizard Foods&Bev is -₹25.55 Crs for TTM, -₹33.05 Crs for Mar 2024 and -₹8.94 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.
Wardwizard Foods&Bev 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 Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances