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Balance sheet of Garg Furnace is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Garg Furnace is increasing.
Latest debt of Garg Furnace is -₹13.19 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹15.66 Crs.
The profit is oscillating.
The profit of Garg Furnace is ₹7.18 Crs for TTM, ₹5.56 Crs for Mar 2024 and ₹5.94 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.
Garg Furnace 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, Accounts Receivable