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Balance sheet of Railtel Corp. India is strong.
It shouldn't have solvency or liquidity issues.
The net debt of Railtel Corp. India is decreasing.
Latest net debt of Railtel Corp. India is -₹970.05 Crs as of Mar-24.
This is less than Mar-23 when it was -₹545.12 Crs.
Yes, profit is increasing.
The profit of Railtel Corp. India is ₹300 Crs for TTM, ₹246 Crs for Mar 2024 and ₹188 Crs for Mar 2023.
The company seems to pay a good stable dividend.
Railtel Corp. India latest dividend payout ratio is 37.15% and 3yr average dividend payout ratio is 39.2%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable