Alerts will be sent to your verified email
Verify EmailBALUFORGE
Balance sheet of Balu Forge Industrie is strong.
It shouldn't have solvency or liquidity issues.
The debt of Balu Forge Industrie is decreasing.
Latest debt of Balu Forge Industrie is -₹179.38 Crs as of Sep-24.
This is less than Mar-24 when it was -₹132.2 Crs.
Yes, profit is increasing.
The profit of Balu Forge Industrie is ₹170 Crs for TTM, ₹93.67 Crs for Mar 2024 and ₹38.91 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.
Balu Forge Industrie latest dividend payout ratio is 1.64% and 3yr average dividend payout ratio is 2.2%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress