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Balance sheet of Prince Pipes & Fitti is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Prince Pipes & Fitti is increasing.
Latest debt of Prince Pipes & Fitti is ₹81.12 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹40.93 Crs.
The profit is oscillating.
The profit of Prince Pipes & Fitti is ₹73.61 Crs for TTM, ₹182 Crs for Mar 2024 and ₹121 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.
Prince Pipes & Fitti latest dividend payout ratio is 6.06% and 3yr average dividend payout ratio is 10.79%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable