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Balance sheet of Marine Electricals is strong.
It shouldn't have solvency or liquidity issues.
The net debt of Marine Electricals is decreasing.
Latest net debt of Marine Electricals is -₹99.25 Crs as of Sep-25.
This is less than Mar-25 when it was -₹60.9 Crs.
Yes, profit is increasing.
The profit of Marine Electricals is ₹46.58 Crs for TTM, ₹38.43 Crs for Mar 2025 and ₹25.9 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.
Marine Electricals latest dividend payout ratio is 10.77% and 3yr average dividend payout ratio is 10.51%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Short Term Loans & Advances