Alerts will be sent to your verified email
Verify EmailIGARASHI
Balance sheet of Igarashi Motors is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Igarashi Motors is increasing.
Latest debt of Igarashi Motors is ₹120 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹103 Crs.
Yes, profit is increasing.
The profit of Igarashi Motors is ₹26.24 Crs for TTM, ₹9.57 Crs for Mar 2024 and ₹5.24 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.
Igarashi Motors latest dividend payout ratio is 32.88% and 3yr average dividend payout ratio is 46.49%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress, Accounts Receivable