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Balance sheet of Premier Roadlines is strong.
It shouldn't have solvency or liquidity issues.
The net debt of Premier Roadlines is decreasing.
Latest net debt of Premier Roadlines is ₹2.66 Crs as of Sep-24.
This is less than Mar-24 when it was ₹35.63 Crs.
Yes, profit is increasing.
The profit of Premier Roadlines is ₹13.58 Crs for TTM, ₹12.62 Crs for Mar 2024 and ₹7.2 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.
Premier Roadlines latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable