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Balance sheet of Gandhi Spl. Tubes is strong.
It shouldn't have solvency or liquidity issues.
The debt of Gandhi Spl. Tubes is decreasing.
Latest debt of Gandhi Spl. Tubes is -₹8.13 Crs as of Sep-24.
This is less than Mar-24 when it was -₹5.89 Crs.
Yes, profit is increasing.
The profit of Gandhi Spl. Tubes is ₹60.08 Crs for TTM, ₹55.58 Crs for Mar 2024 and ₹47.34 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.
Gandhi Spl. Tubes latest dividend payout ratio is 28.42% and 3yr average dividend payout ratio is 30.25%
Companies resources are majorly tied in miscellaneous assets