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Chemplast Sanmar balance sheet is weak and might have solvency issues
Yes, The debt of Chemplast Sanmar is increasing.
Latest debt of Chemplast Sanmar is ₹851 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹25.45 Crs.
The profit is oscillating.
The profit of Chemplast Sanmar is -₹87.32 Crs for TTM, -₹158.43 Crs for Mar 2024 and ₹152 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.
Chemplast Sanmar latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Short Term Loans & Advances