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Balance sheet of Titagarh Railsystems is strong.
It shouldn't have solvency or liquidity issues.
The debt of Titagarh Railsystems is decreasing.
Latest debt of Titagarh Railsystems is -₹1,151.15 Crs as of Mar-24.
This is less than Mar-23 when it was ₹49.55 Crs.
Yes, profit is increasing.
The profit of Titagarh Railsystems is ₹298 Crs for TTM, ₹286 Crs for Mar 2024 and ₹130 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.
Titagarh Railsystems latest dividend payout ratio is 3.77% and 3yr average dividend payout ratio is 4.18%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments