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Balance sheet of Frontier Springs is strong.
But short term working capital might become an issue for this company.
The debt of Frontier Springs is decreasing.
Latest debt of Frontier Springs is -₹8.31 Crs as of Sep-24.
This is less than Mar-24 when it was -₹0.83 Crs.
Yes, profit is increasing.
The profit of Frontier Springs is ₹28.05 Crs for TTM, ₹15.22 Crs for Mar 2024 and ₹7.64 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.
Frontier Springs latest dividend payout ratio is 4.55% and 3yr average dividend payout ratio is 5.08%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable