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Balance sheet of Hariom Pipe Inds. is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Hariom Pipe Inds. is increasing.
Latest debt of Hariom Pipe Inds. is ₹332 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹308 Crs.
Yes, profit is increasing.
The profit of Hariom Pipe Inds. is ₹61.25 Crs for TTM, ₹56.84 Crs for Mar 2024 and ₹46.32 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.
Hariom Pipe Inds. latest dividend payout ratio is 3.05% and 3yr average dividend payout ratio is 3.05%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory