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Balance sheet of Axtel Inds. is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Axtel Inds. is increasing.
Latest debt of Axtel Inds. is -₹11.66 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹49.22 Crs.
The profit is oscillating.
The profit of Axtel Inds. is ₹18.58 Crs for TTM, ₹32.13 Crs for Mar 2024 and ₹17.3 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.
Axtel Inds. latest dividend payout ratio is 30.16% and 3yr average dividend payout ratio is 27.18%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Inventory