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Balance sheet of Hercules Hoists is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Hercules Hoists is increasing.
Latest debt of Hercules Hoists is -₹25.11 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹31.99 Crs.
No, profit is decreasing.
The profit of Hercules Hoists is ₹34.64 Crs for TTM, ₹35.98 Crs for Mar 2024 and ₹103 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.
Hercules Hoists latest dividend payout ratio is 35.58% and 3yr average dividend payout ratio is 33.52%
Companies resources are majorly tied in miscellaneous assets