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Balance sheet of Advanced Enzyme is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Advanced Enzyme is increasing.
Latest debt of Advanced Enzyme is -₹85.58 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹261.29 Crs.
Yes, profit is increasing.
The profit of Advanced Enzyme is ₹137 Crs for TTM, ₹133 Crs for Mar 2024 and ₹106 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.
Advanced Enzyme latest dividend payout ratio is 42.78% and 3yr average dividend payout ratio is 20.91%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments