Alerts will be sent to your verified email
Verify EmailDEEPINDS
Balance sheet of Deep Industries is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Deep Industries is increasing.
Latest debt of Deep Industries is ₹130 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹47.81 Crs.
The profit is oscillating.
The profit of Deep Industries is ₹165 Crs for TTM, ₹124 Crs for Mar 2024 and ₹130 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.
Deep Industries latest dividend payout ratio is 12.61% and 3yr average dividend payout ratio is 12.03%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress