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Balance sheet of Rathi Steel & Power is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Rathi Steel & Power is increasing.
Latest debt of Rathi Steel & Power is ₹34.62 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹12.91 Crs.
The profit is oscillating.
The profit of Rathi Steel & Power is ₹30.28 Crs for TTM, ₹23.53 Crs for Mar 2024 and ₹87.22 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.
Rathi Steel & Power latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable