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Biocon balance sheet is weak and might have solvency issues
Yes, The net debt of Biocon is increasing.
Latest net debt of Biocon is ₹13,635 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹11,212 Crs.
Yes, profit is increasing.
The profit of Biocon is ₹1,429 Crs for TTM, ₹1,022 Crs for Mar 2024 and ₹463 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.
Biocon latest dividend payout ratio is 5.87% and 3yr average dividend payout ratio is 18.02%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable