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Balance sheet of Galaxy Surfactants is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Galaxy Surfactants is increasing.
Latest debt of Galaxy Surfactants is -₹94.4 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹346.76 Crs.
The profit is oscillating.
The profit of Galaxy Surfactants is ₹313 Crs for TTM, ₹301 Crs for Mar 2024 and ₹381 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.
Galaxy Surfactants latest dividend payout ratio is 25.87% and 3yr average dividend payout ratio is 23.54%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments