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Balance sheet of Cello World is strong.
It shouldn't have solvency or liquidity issues.
The debt of Cello World is decreasing.
Latest debt of Cello World is -₹29.13 Crs as of Sep-24.
This is less than Mar-24 when it was ₹233 Crs.
Yes, profit is increasing.
The profit of Cello World is ₹365 Crs for TTM, ₹331 Crs for Mar 2024 and ₹266 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.
Cello World latest dividend payout ratio is 9.62% and 3yr average dividend payout ratio is 4.81%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress, Accounts Receivable