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Balance sheet of DIC India is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of DIC India is increasing.
Latest debt of DIC India is -₹78.54 Crs as of Dec-24.
This is greater than Dec-23 when it was -₹79.18 Crs.
The profit is oscillating.
The profit of DIC India is ₹19.54 Crs for Dec 2024, -₹22.68 Crs for Dec 2023 and ₹40.98 Crs for Dec 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
DIC India latest dividend payout ratio is 18.79% and 3yr average dividend payout ratio is 11.64%
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable