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Balance sheet of Ddev Plastiks Ind. is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Ddev Plastiks Ind. is increasing.
Latest debt of Ddev Plastiks Ind. is -₹8.7 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹87.31 Crs.
Yes, profit is increasing.
The profit of Ddev Plastiks Ind. is ₹195 Crs for TTM, ₹182 Crs for Mar 2024 and ₹104 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.
Ddev Plastiks Ind. latest dividend payout ratio is 8.54% and 3yr average dividend payout ratio is 8.79%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable