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Balance sheet of Garware Hi-Tech is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Garware Hi-Tech is increasing.
Latest debt of Garware Hi-Tech is -₹137.12 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹205.37 Crs.
Yes, profit is increasing.
The profit of Garware Hi-Tech is ₹311 Crs for TTM, ₹203 Crs for Mar 2024 and ₹166 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.
Garware Hi-Tech latest dividend payout ratio is 11.43% and 3yr average dividend payout ratio is 13.1%
Companies resources are allocated to majorly unproductive assets like Inventory