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Balance sheet of HP Adhesives is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of HP Adhesives is increasing.
Latest debt of HP Adhesives is -₹10.88 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹17.5 Crs.
The profit is oscillating.
The profit of HP Adhesives is ₹19.33 Crs for TTM, ₹20.6 Crs for Mar 2024 and ₹10.95 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.
HP Adhesives latest dividend payout ratio is 13.4% and 3yr average dividend payout ratio is 13.4%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments