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Balance sheet of Olectra Greentech is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Olectra Greentech is increasing.
Latest debt of Olectra Greentech is -₹32.01 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹228.34 Crs.
Yes, profit is increasing.
The profit of Olectra Greentech is ₹124 Crs for TTM, ₹76.83 Crs for Mar 2024 and ₹65.59 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.
Olectra Greentech latest dividend payout ratio is 4.27% and 3yr average dividend payout ratio is 6.19%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress, Inventory, Short Term Loans & Advances