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Balance sheet of Victoria Mills is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Victoria Mills is increasing.
Latest net debt of Victoria Mills is -₹1.51 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹2.98 Crs.
No, profit is decreasing.
The profit of Victoria Mills is ₹0.56 Crs for TTM, ₹0.73 Crs for Mar 2024 and ₹2.34 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.
Victoria Mills latest dividend payout ratio is 67.66% and 3yr average dividend payout ratio is 44.36%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory