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Balance sheet of Creative Castings is strong.
It shouldn't have solvency or liquidity issues.
The debt of Creative Castings is decreasing.
Latest debt of Creative Castings is -₹2.17 Crs as of Sep-24.
This is less than Mar-24 when it was -₹1.14 Crs.
The profit is oscillating.
The profit of Creative Castings is ₹4.42 Crs for TTM, ₹5.07 Crs for Mar 2024 and ₹4.79 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.
Creative Castings latest dividend payout ratio is 25.66% and 3yr average dividend payout ratio is 30.81%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory, Short Term Loans & Advances