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Balance sheet of Force Motors is strong.
But short term working capital might become an issue for this company.
The debt of Force Motors is decreasing.
Latest debt of Force Motors is -₹51.8 Crs as of Sep-24.
This is less than Mar-24 when it was -₹1.64 Crs.
Yes, profit is increasing.
The profit of Force Motors is ₹507 Crs for TTM, ₹388 Crs for Mar 2024 and ₹134 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.
Force Motors latest dividend payout ratio is 6.79% and 3yr average dividend payout ratio is 8.33%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory