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Balance sheet of Eureka Forbes is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Eureka Forbes is increasing.
Latest debt of Eureka Forbes is -₹95.35 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹168.6 Crs.
Yes, profit is increasing.
The profit of Eureka Forbes is ₹124 Crs for TTM, ₹95.64 Crs for Mar 2024 and ₹26.56 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.
Eureka Forbes latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory