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Balance sheet of Indoco Remedies is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Indoco Remedies is increasing.
Latest debt of Indoco Remedies is ₹790 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹607 Crs.
No, profit is decreasing.
The profit of Indoco Remedies is -₹14.56 Crs for TTM, ₹98.46 Crs for Mar 2024 and ₹142 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.
Indoco Remedies latest dividend payout ratio is 14.04% and 3yr average dividend payout ratio is 14.0%
Companies resources are allocated to majorly productive assets like Plant & Machinery