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Balance sheet of Heritage Foods is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Heritage Foods is increasing.
Latest debt of Heritage Foods is ₹20.21 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹74.46 Crs.
Yes, profit is increasing.
The profit of Heritage Foods is ₹198 Crs for TTM, ₹107 Crs for Mar 2024 and ₹57.98 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.
Heritage Foods latest dividend payout ratio is 21.77% and 3yr average dividend payout ratio is 28.6%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments