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Balance sheet of Orient Ceratech is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Orient Ceratech is increasing.
Latest net debt of Orient Ceratech is ₹51.16 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹46.48 Crs.
The profit is oscillating.
The profit of Orient Ceratech is ₹10.75 Crs for TTM, ₹19.02 Crs for Mar 2024 and ₹14.21 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.
Orient Ceratech latest dividend payout ratio is 15.73% and 3yr average dividend payout ratio is 20.98%
Companies resources are allocated to majorly unproductive assets like Inventory