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Alok Inds balance sheet is weak and might have solvency issues
Yes, The debt of Alok Inds is increasing.
Latest debt of Alok Inds is ₹25,808 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹25,574 Crs.
The profit is oscillating.
The profit of Alok Inds is -₹913.83 Crs for TTM, -₹846.82 Crs for Mar 2024 and -₹880.46 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.
Alok Inds latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets