Alerts will be sent to your verified email
Verify EmailGARFIBRES
Balance sheet of Garware Tech. Fibres is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Garware Tech. Fibres is increasing.
Latest debt of Garware Tech. Fibres is ₹86.24 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹228.51 Crs.
Yes, profit is increasing.
The profit of Garware Tech. Fibres is ₹225 Crs for TTM, ₹208 Crs for Mar 2024 and ₹172 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 Tech. Fibres latest dividend payout ratio is 2.94% and 3yr average dividend payout ratio is 5.28%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments