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Vels Film Internatl. balance sheet is weak and might have solvency issues
Yes, The net debt of Vels Film Internatl. is increasing.
Latest net debt of Vels Film Internatl. is ₹146 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹134 Crs.
The profit is oscillating.
The profit of Vels Film Internatl. is ₹13.6 Crs for TTM, -₹36.43 Crs for Mar 2024 and ₹1.44 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.
Vels Film Internatl. 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 Inventory