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Balance sheet of CIE Automotive India is strong.
It shouldn't have solvency or liquidity issues.
The debt of CIE Automotive India is decreasing.
Latest debt of CIE Automotive India is -₹127.42 Crs as of Dec-24.
This is less than Dec-23 when it was ₹327 Crs.
No, profit is decreasing.
The profit of CIE Automotive India is ₹801 Crs for TTM, ₹828 Crs for Dec 2024 and ₹1,125 Crs for Dec 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
CIE Automotive India latest dividend payout ratio is 32.09% and 3yr average dividend payout ratio is 24.47%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Short Term Loans & Advances