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Balance sheet of Guj. State Petronet is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Guj. State Petronet is increasing.
Latest debt of Guj. State Petronet is -₹2,790.14 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹2,796.39 Crs.
Yes, profit is increasing.
The profit of Guj. State Petronet is ₹2,010 Crs for TTM, ₹1,660 Crs for Mar 2024 and ₹1,641 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.
Guj. State Petronet latest dividend payout ratio is 17.0% and 3yr average dividend payout ratio is 13.69%
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances