Alerts will be sent to your verified email
Verify EmailHESTERBIO
Balance sheet of Hester Biosciences is strong.
But short term working capital might become an issue for this company.
The debt of Hester Biosciences is decreasing.
Latest debt of Hester Biosciences is ₹224 Crs as of Mar-24.
This is less than Mar-23 when it was ₹239 Crs.
No, profit is decreasing.
The profit of Hester Biosciences is ₹16.56 Crs for TTM, ₹26.63 Crs for Mar 2023 and ₹39.32 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.
Hester Biosciences latest dividend payout ratio is 25.56% and 3yr average dividend payout ratio is 23.97%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress