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Balance sheet of Borosil Renewables is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Borosil Renewables is increasing.
Latest debt of Borosil Renewables is ₹240 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹151 Crs.
No, profit is decreasing.
The profit of Borosil Renewables is -₹53.41 Crs for TTM, -₹46.9 Crs for Mar 2024 and ₹69.63 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.
Borosil Renewables latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Accounts Receivable