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Balance sheet of Coastal Corporation is moderately strong, But short term working capital might become an issue for this company.
Yes, The debt of Coastal Corporation is increasing.
Latest debt of Coastal Corporation is ₹366 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹245 Crs.
No, profit is decreasing.
The profit of Coastal Corporation is -₹0.67 Crs for TTM, ₹4.52 Crs for Mar 2024 and ₹6.7 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.
Coastal Corporation latest dividend payout ratio is 35.73% and 3yr average dividend payout ratio is 26.31%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress