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Kanoria Chem. & Inds balance sheet is weak and might have solvency issues
Yes, The net debt of Kanoria Chem. & Inds is increasing.
Latest net debt of Kanoria Chem. & Inds is ₹576 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹480 Crs.
No, profit is decreasing.
The profit of Kanoria Chem. & Inds is -₹99 Crs for TTM, -₹83.6 Crs for Mar 2025 and -₹38.4 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.
Kanoria Chem. & Inds latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable