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UCAL balance sheet is weak and might have solvency issues
Yes, The net debt of UCAL is increasing.
Latest net debt of UCAL is ₹192 Crs as of Sep-25.
This is greater than Mar-25 when it was ₹171 Crs.
The profit is oscillating.
The profit of UCAL is -₹24.73 Crs for TTM, -₹16.28 Crs for Mar 2025 and -₹25.26 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.
UCAL latest dividend payout ratio is 518.81% and 3yr average dividend payout ratio is 518.81%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory