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Balance sheet of Vimta Labs is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Vimta Labs is increasing.
Latest debt of Vimta Labs is -₹32.14 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹64.49 Crs.
The profit is oscillating.
The profit of Vimta Labs is ₹41.09 Crs for TTM, ₹41.01 Crs for Mar 2024 and ₹48.17 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.
Vimta Labs latest dividend payout ratio is 10.81% and 3yr average dividend payout ratio is 10.23%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress