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Balance sheet of Granules India is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Granules India is increasing.
Latest debt of Granules India is ₹793 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹451 Crs.
The profit is oscillating.
The profit of Granules India is ₹479 Crs for TTM, ₹405 Crs for Mar 2024 and ₹517 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.
Granules India latest dividend payout ratio is 8.97% and 3yr average dividend payout ratio is 8.34%
Companies resources are allocated to majorly productive assets like Plant & Machinery