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Balance sheet of Elcid Investment is strong.
But short term working capital might become an issue for this company.
The debt of Elcid Investment is decreasing.
Latest debt of Elcid Investment is -₹3.18 Crs as of Sep-24.
This is less than Mar-24 when it was -₹2.46 Crs.
Yes, profit is increasing.
The profit of Elcid Investment is ₹188 Crs for TTM, ₹176 Crs for Mar 2024 and ₹73.41 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.
Elcid Investment latest dividend payout ratio is 0.28% and 3yr average dividend payout ratio is 0.42%
Companies resources are majorly tied in miscellaneous assets