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Balance sheet of Deepak Nitrite is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Deepak Nitrite is increasing.
Latest debt of Deepak Nitrite is ₹330 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹713.85 Crs.
No, profit is decreasing.
The profit of Deepak Nitrite is ₹749 Crs for TTM, ₹811 Crs for Mar 2024 and ₹852 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.
Deepak Nitrite latest dividend payout ratio is 12.62% and 3yr average dividend payout ratio is 11.19%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress