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Virinchi People’s balance sheet is weak and might have solvency issues
The debt of Virinchi People’s is decreasing.
Latest debt of Virinchi People’s is ₹152 Crs as of Mar-25.
This is less than Mar-24 when it was ₹160 Crs.
The profit is oscillating.
The profit of Virinchi People’s is ₹13.7 Crs for Mar 2024, ₹12.85 Crs for Mar 2023 and ₹14.31 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Virinchi People’s 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