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Balance sheet of GM Polyplast is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of GM Polyplast is increasing.
Latest debt of GM Polyplast is ₹3.96 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹3.23 Crs.
The profit is oscillating.
The profit of GM Polyplast is ₹2.12 Crs for TTM, ₹7.09 Crs for Mar 2024 and ₹4.92 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.
GM Polyplast latest dividend payout ratio is 9.5% and 3yr average dividend payout ratio is 7.04%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable