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Balance sheet of ASI Industries is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of ASI Industries is increasing.
Latest debt of ASI Industries is ₹20.29 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹17.36 Crs.
Yes, profit is increasing.
The profit of ASI Industries is ₹29.02 Crs for TTM, ₹25.11 Crs for Mar 2024 and ₹17.28 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.
ASI Industries latest dividend payout ratio is 12.56% and 3yr average dividend payout ratio is 11.49%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Short Term Loans & Advances