Alerts will be sent to your verified email
Verify EmailIPL
Balance sheet of India Pesticides is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of India Pesticides is increasing.
Latest debt of India Pesticides is -₹68.7 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹206.15 Crs.
The profit is oscillating.
The profit of India Pesticides is ₹62.52 Crs for TTM, ₹60.17 Crs for Mar 2024 and ₹143 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 Pesticides latest dividend payout ratio is 14.36% and 3yr average dividend payout ratio is 8.62%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress