Alerts will be sent to your verified email
Verify EmailHIRECT
Balance sheet of Hind Rectifiers is strong.
But short term working capital might become an issue for this company.
The debt of Hind Rectifiers is decreasing.
Latest debt of Hind Rectifiers is ₹121 Crs as of Sep-24.
This is less than Mar-24 when it was ₹126 Crs.
Yes, profit is increasing.
The profit of Hind Rectifiers is ₹32.24 Crs for TTM, ₹12.51 Crs for Mar 2024 and -₹6.36 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.
Hind Rectifiers latest dividend payout ratio is 16.44% and 3yr average dividend payout ratio is 12.47%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable