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Balance sheet of Oriental Aromatics is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Oriental Aromatics is increasing.
Latest debt of Oriental Aromatics is ₹230 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹180 Crs.
The profit is oscillating.
The profit of Oriental Aromatics is ₹43.02 Crs for TTM, ₹9.1 Crs for Mar 2024 and ₹19.74 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.
Oriental Aromatics latest dividend payout ratio is 18.48% and 3yr average dividend payout ratio is 12.16%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress