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Balance sheet of Asahi India Glass is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Asahi India Glass is increasing.
Latest debt of Asahi India Glass is ₹2,066 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹1,522 Crs.
The profit is oscillating.
The profit of Asahi India Glass is ₹349 Crs for TTM, ₹328 Crs for Mar 2024 and ₹365 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.
Asahi India Glass latest dividend payout ratio is 14.82% and 3yr average dividend payout ratio is 14.08%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress