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Balance sheet of Greaves Cotton is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Greaves Cotton is increasing.
Latest debt of Greaves Cotton is -₹578.91 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹1,079.31 Crs.
No, profit is decreasing.
The profit of Greaves Cotton is -₹342.5 Crs for TTM, -₹135.27 Crs for Mar 2024 and ₹78.03 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.
Greaves Cotton latest dividend payout ratio is 26.72% and 3yr average dividend payout ratio is 26.72%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress, Inventory, Accounts Receivable