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Balance sheet of Arvind is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Arvind is increasing.
Latest debt of Arvind is ₹1,308 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹1,174 Crs.
No, profit is decreasing.
The profit of Arvind is ₹317 Crs for TTM, ₹337 Crs for Mar 2024 and ₹405 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.
Arvind latest dividend payout ratio is 36.92% and 3yr average dividend payout ratio is 37.04%
Companies resources are allocated to majorly unproductive assets like Inventory