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Balance sheet of Ambika Cotton Mills is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Ambika Cotton Mills is increasing.
Latest debt of Ambika Cotton Mills is -₹217.74 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹351.33 Crs.
The profit is oscillating.
The profit of Ambika Cotton Mills is ₹65.97 Crs for TTM, ₹62.32 Crs for Mar 2024 and ₹112 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.
Ambika Cotton Mills latest dividend payout ratio is 31.82% and 3yr average dividend payout ratio is 20.29%
Companies resources are allocated to majorly unproductive assets like Inventory