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Balance sheet of Finolex Cables is strong.
It shouldn't have solvency or liquidity issues.
The net debt of Finolex Cables is decreasing.
Latest net debt of Finolex Cables is -₹290.07 Crs as of Mar-25.
This is less than Mar-24 when it was -₹195.09 Crs.
The profit is oscillating.
The profit of Finolex Cables is ₹517 Crs for TTM, ₹701 Crs for Mar 2025 and ₹652 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.
Finolex Cables latest dividend payout ratio is 17.46% and 3yr average dividend payout ratio is 19.16%
Companies resources are majorly tied in miscellaneous assets