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Balance sheet of India Nipon Electric is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of India Nipon Electric is increasing.
Latest debt of India Nipon Electric is -₹17.35 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹37.82 Crs.
Yes, profit is increasing.
The profit of India Nipon Electric is ₹75.68 Crs for TTM, ₹59.3 Crs for Mar 2024 and ₹48.23 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 Nipon Electric latest dividend payout ratio is 39.1% and 3yr average dividend payout ratio is 36.87%
Companies resources are majorly tied in miscellaneous assets