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Balance sheet of Titan Co is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Titan Co is increasing.
Latest debt of Titan Co is ₹10,178 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹4,872 Crs.
Yes, profit is increasing.
The profit of Titan Co is ₹3,496 Crs for Mar 2024, ₹3,250 Crs for Mar 2023 and ₹2,173 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Titan Co latest dividend payout ratio is 28.0% and 3yr average dividend payout ratio is 28.7%
Companies resources are allocated to majorly unproductive assets like Inventory