Alerts will be sent to your verified email
Verify EmailJINDALPOLY
Jindal Poly Films balance sheet is weak and might have solvency issues
The net debt of Jindal Poly Films is decreasing.
Latest net debt of Jindal Poly Films is ₹4,093 Crs as of Sep-24.
This is less than Mar-24 when it was ₹4,210 Crs.
The profit is oscillating.
The profit of Jindal Poly Films is ₹270 Crs for TTM, ₹71.5 Crs for Mar 2024 and ₹319 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.
Jindal Poly Films latest dividend payout ratio is 33.68% and 3yr average dividend payout ratio is 13.81%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments