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Balance sheet of India Gelatine &Chem is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of India Gelatine &Chem is increasing.
Latest debt of India Gelatine &Chem is ₹2.41 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹3.77 Crs.
The profit is oscillating.
The profit of India Gelatine &Chem is ₹16.7 Crs for TTM, ₹28.39 Crs for Mar 2024 and ₹23.9 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.
India Gelatine &Chem latest dividend payout ratio is 27.48% and 3yr average dividend payout ratio is 24.64%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory