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Balance sheet of International Gemmol is strong.
It shouldn't have solvency or liquidity issues.
The net debt of International Gemmol is decreasing.
Latest net debt of International Gemmol is -₹774.47 Crs as of Dec-24.
This is less than Mar-24 when it was -₹479.72 Crs.
Yes, profit is increasing.
The profit of International Gemmol is ₹459 Crs for TTM, ₹427 Crs for Dec 2024 and ₹125 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.
International Gemmol latest dividend payout ratio is 24.68% and 3yr average dividend payout ratio is 42.27%
Companies resources are allocated to majorly productive assets like Plant & Machinery