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Balance sheet of Lagnam Spintex is moderately strong, But short term working capital might become an issue for this company.
Yes, The net debt of Lagnam Spintex is increasing.
Latest net debt of Lagnam Spintex is ₹388 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹377 Crs.
The profit is oscillating.
The profit of Lagnam Spintex is ₹12.85 Crs for Mar 2025, ₹14.57 Crs for Mar 2024 and ₹9.76 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.
Lagnam Spintex latest dividend payout ratio is 6.06% and 3yr average dividend payout ratio is 6.06%
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable