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Balance sheet of Elecon Engg. is strong.
It shouldn't have solvency or liquidity issues.
The net debt of Elecon Engg. is decreasing.
Latest net debt of Elecon Engg. is -₹713.46 Crs as of Mar-25.
This is less than Mar-24 when it was -₹526.62 Crs.
Yes, profit is increasing.
The profit of Elecon Engg. is ₹511 Crs for TTM, ₹415 Crs for Mar 2025 and ₹356 Crs for Mar 2024.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Elecon Engg. latest dividend payout ratio is 10.81% and 3yr average dividend payout ratio is 9.91%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments