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Balance sheet of GRP is strong.
But short term working capital might become an issue for this company.
Yes, The debt of GRP is increasing.
Latest debt of GRP is ₹115 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹112 Crs.
Yes, profit is increasing.
The profit of GRP is ₹22.93 Crs for TTM, ₹22.64 Crs for Mar 2024 and ₹13.95 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.
GRP latest dividend payout ratio is 22.09% and 3yr average dividend payout ratio is 19.72%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable