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Balance sheet of Chembond Chemicals is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Chembond Chemicals is increasing.
Latest debt of Chembond Chemicals is -₹26.65 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹73.75 Crs.
The profit is oscillating.
The profit of Chembond Chemicals is ₹40.26 Crs for TTM, ₹44.41 Crs for Mar 2024 and ₹25.1 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.
Chembond Chemicals latest dividend payout ratio is 10.6% and 3yr average dividend payout ratio is 24.99%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments