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Balance sheet of Goodluck India is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Goodluck India is increasing.
Latest debt of Goodluck India is ₹583 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹191 Crs.
Yes, profit is increasing.
The profit of Goodluck India is ₹161 Crs for TTM, ₹132 Crs for Mar 2024 and ₹87.8 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.
Goodluck India latest dividend payout ratio is 14.45% and 3yr average dividend payout ratio is 13.52%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments