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Balance sheet of Poddar Pigments is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Poddar Pigments is increasing.
Latest net debt of Poddar Pigments is -₹39.87 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹63.33 Crs.
The profit is oscillating.
The profit of Poddar Pigments is ₹26.42 Crs for TTM, ₹28.82 Crs for Mar 2024 and ₹27.34 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.
Poddar Pigments latest dividend payout ratio is 14.73% and 3yr average dividend payout ratio is 13.6%
Companies resources are majorly tied in miscellaneous assets