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Balance sheet of Deepak Spinners is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Deepak Spinners is increasing.
Latest debt of Deepak Spinners is ₹42.15 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹41.86 Crs.
No, profit is decreasing.
The profit of Deepak Spinners is -₹12.47 Crs for TTM, ₹1.3 Crs for Mar 2024 and ₹40.09 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.
Deepak Spinners latest dividend payout ratio is 27.58% and 3yr average dividend payout ratio is 12.21%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress, Inventory, Short Term Loans & Advances