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Balance sheet of Dev Information Tech is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Dev Information Tech is increasing.
Latest net debt of Dev Information Tech is ₹14.55 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹0.71 Crs.
The profit is oscillating.
The profit of Dev Information Tech is ₹13.24 Crs for TTM, ₹14.87 Crs for Mar 2025 and ₹9.29 Crs for Mar 2024.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Dev Information Tech latest dividend payout ratio is 3.79% and 3yr average dividend payout ratio is 5.33%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable