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Balance sheet of Action Const. Equip is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Action Const. Equip is increasing.
Latest debt of Action Const. Equip is ₹49.46 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹216.68 Crs.
Yes, profit is increasing.
The profit of Action Const. Equip is ₹389 Crs for TTM, ₹328 Crs for Mar 2024 and ₹172 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.
Action Const. Equip latest dividend payout ratio is 7.26% and 3yr average dividend payout ratio is 7.0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments