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Balance sheet of HLE Glascoat is strong.
But short term working capital might become an issue for this company.
The net debt of HLE Glascoat is decreasing.
Latest net debt of HLE Glascoat is ₹246 Crs as of Mar-25.
This is less than Mar-24 when it was ₹271 Crs.
Yes, profit is increasing.
The profit of HLE Glascoat is ₹74.21 Crs for TTM, ₹46.71 Crs for Mar 2025 and ₹29.69 Crs for Mar 2024.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
HLE Glascoat latest dividend payout ratio is 16.07% and 3yr average dividend payout ratio is 17.38%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory