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Hind National Glass balance sheet is weak and might have solvency issues
Yes, The debt of Hind National Glass is increasing.
Latest debt of Hind National Glass is ₹1,779 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹1,464 Crs.
The profit is oscillating.
The profit of Hind National Glass is ₹18.67 Crs for TTM, ₹163 Crs for Mar 2024 and -₹233.32 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 National Glass latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory