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Balance sheet of Birla Cable is strong.
It shouldn't have solvency or liquidity issues.
The debt of Birla Cable is decreasing.
Latest debt of Birla Cable is ₹133 Crs as of Sep-24.
This is less than Mar-24 when it was ₹158 Crs.
No, profit is decreasing.
The profit of Birla Cable is ₹5 Crs for TTM, ₹22.14 Crs for Mar 2024 and ₹32.94 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.
Birla Cable latest dividend payout ratio is 23.71% and 3yr average dividend payout ratio is 22.39%
Companies resources are majorly tied in miscellaneous assets