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Balance sheet of DIC India is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of DIC India is increasing.
Latest debt of DIC India is -₹26.72 Crs as of Jun-24.
This is greater than Dec-23 when it was -₹79.18 Crs.
The profit is oscillating.
The profit of DIC India is -₹10.61 Crs for TTM, -₹22.68 Crs for Dec 2023 and ₹40.98 Crs for Dec 2022.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
DIC India latest dividend payout ratio is 4.48% and 3yr average dividend payout ratio is 20.76%
Companies resources are majorly tied in miscellaneous assets