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Balance sheet of Ajax Engineering is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Ajax Engineering is increasing.
Latest net debt of Ajax Engineering is -₹67.48 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹136.28 Crs.
Yes, profit is increasing.
The profit of Ajax Engineering is ₹301 Crs for TTM, ₹225 Crs for Mar 2024 and ₹136 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.
Ajax Engineering latest dividend payout ratio is 11.03% and 3yr average dividend payout ratio is 11.03%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments