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Hind Organic Chem balance sheet is weak and might have solvency issues
Yes, The debt of Hind Organic Chem is increasing.
Latest debt of Hind Organic Chem is ₹617 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹326 Crs.
The profit is oscillating.
The profit of Hind Organic Chem is -₹139.71 Crs for TTM, -₹54.09 Crs for Mar 2024 and -₹55.34 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 Organic Chem latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments