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Balance sheet of Race Eco Chain is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Race Eco Chain is increasing.
Latest net debt of Race Eco Chain is ₹56.24 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹36.37 Crs.
Yes, profit is increasing.
The profit of Race Eco Chain is ₹7.44 Crs for TTM, ₹1.55 Crs for Mar 2024 and ₹1.3 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.
Race Eco Chain latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable