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Balance sheet of Manaksia Steels is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Manaksia Steels is increasing.
Latest net debt of Manaksia Steels is ₹173 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹127 Crs.
The profit is oscillating.
The profit of Manaksia Steels is ₹9.75 Crs for TTM, ₹28.38 Crs for Mar 2024 and ₹12.19 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.
Manaksia Steels latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments