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Balance sheet of Indian Energy Exch is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Indian Energy Exch is increasing.
Latest debt of Indian Energy Exch is -₹63.7 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹373.13 Crs.
Yes, profit is increasing.
The profit of Indian Energy Exch is ₹396 Crs for TTM, ₹351 Crs for Mar 2024 and ₹306 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.
Indian Energy Exch latest dividend payout ratio is 63.49% and 3yr average dividend payout ratio is 50.23%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments