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Balance sheet of Ashnoor Textile Mill is moderately strong.
The debt of Ashnoor Textile Mill is decreasing.
Latest debt of Ashnoor Textile Mill is ₹64.66 Crs as of Sep-24.
This is less than Mar-24 when it was ₹66.43 Crs.
Yes, profit is increasing.
The profit of Ashnoor Textile Mill is ₹16.89 Crs for TTM, ₹7.44 Crs for Mar 2024 and ₹6.12 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.
Ashnoor Textile Mill latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments