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Balance sheet of ABB India is strong.
It shouldn't have solvency or liquidity issues.
The debt of ABB India is decreasing.
Latest debt of ABB India is -₹9,546.81 Crs as of Dec-23.
This is less than Dec-22 when it was -₹6,261.3 Crs.
Yes, profit is increasing.
The profit of ABB India is ₹1,682 Crs for TTM, ₹1,242 Crs for Dec 2023 and ₹1,016 Crs for Dec 2022.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
ABB India latest dividend payout ratio is 49.74% and 3yr average dividend payout ratio is 27.27%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments