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Balance sheet of India Glycols is moderately strong, But short term working capital might become an issue for this company.
Yes, The debt of India Glycols is increasing.
Latest debt of India Glycols is ₹1,528 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹1,048 Crs.
The profit is oscillating.
The profit of India Glycols is ₹163 Crs for TTM, ₹173 Crs for Mar 2024 and ₹125 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 Glycols latest dividend payout ratio is 14.32% and 3yr average dividend payout ratio is 13.24%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory