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Balance sheet of Greenpanel Inds. is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Greenpanel Inds. is increasing.
Latest debt of Greenpanel Inds. is -₹12.64 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹565.12 Crs.
The profit is oscillating.
The profit of Greenpanel Inds. is ₹143 Crs for Mar 2024, ₹257 Crs for Mar 2023 and ₹240 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Greenpanel Inds. latest dividend payout ratio is 12.89% and 3yr average dividend payout ratio is 9.24%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress