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Balance sheet of Kanani Industries is strong.
It shouldn't have solvency or liquidity issues.
The net debt of Kanani Industries is decreasing.
Latest net debt of Kanani Industries is -₹1.73 Crs as of Sep-24.
This is less than Mar-24 when it was ₹3.62 Crs.
No, profit is decreasing.
The profit of Kanani Industries is ₹0.56 Crs for TTM, ₹0.62 Crs for Mar 2024 and ₹2.17 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.
Kanani Industries latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets