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Asian Petroproducts balance sheet is weak and might have solvency issues
Yes, The debt of Asian Petroproducts is increasing.
Latest debt of Asian Petroproducts is ₹5.53 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹3.12 Crs.
No, profit is decreasing.
The profit of Asian Petroproducts is -₹1.55 Crs for TTM, -₹1.04 Crs for Mar 2024 and ₹0.11 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.
Asian Petroproducts latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery