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Balance sheet of Eris Lifesciences is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Eris Lifesciences is increasing.
Latest debt of Eris Lifesciences is ₹2,489 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹58.78 Crs.
The profit is oscillating.
The profit of Eris Lifesciences is ₹367 Crs for TTM, ₹392 Crs for Mar 2024 and ₹382 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.
Eris Lifesciences latest dividend payout ratio is 26.15% and 3yr average dividend payout ratio is 23.14%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments