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Balance sheet of Globus Spirits is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Globus Spirits is increasing.
Latest debt of Globus Spirits is ₹323 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹162 Crs.
No, profit is decreasing.
The profit of Globus Spirits is ₹17.09 Crs for TTM, ₹96.48 Crs for Mar 2024 and ₹122 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.
Globus Spirits latest dividend payout ratio is 10.46% and 3yr average dividend payout ratio is 9.74%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable