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Balance sheet of Bajaj Steel Inds. is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Bajaj Steel Inds. is increasing.
Latest debt of Bajaj Steel Inds. is -₹15.99 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹121.66 Crs.
The profit is oscillating.
The profit of Bajaj Steel Inds. is ₹88.83 Crs for TTM, ₹59.02 Crs for Mar 2024 and ₹67.5 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.
Bajaj Steel Inds. latest dividend payout ratio is 2.64% and 3yr average dividend payout ratio is 2.6%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory