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Balance sheet of Fineotex Chemical is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Fineotex Chemical is increasing.
Latest net debt of Fineotex Chemical is -₹41.48 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹74.41 Crs.
The profit is oscillating.
The profit of Fineotex Chemical is ₹109 Crs for TTM, ₹120 Crs for Mar 2024 and ₹88.32 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.
Fineotex Chemical latest dividend payout ratio is 14.79% and 3yr average dividend payout ratio is 10.95%
Companies resources are allocated to majorly productive assets like Plant & Machinery