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Balance sheet of Inducto Steel is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Inducto Steel is increasing.
Latest debt of Inducto Steel is ₹3.48 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹2.89 Crs.
No, profit is decreasing.
The profit of Inducto Steel is -₹3.94 Crs for TTM, ₹0.16 Crs for Mar 2024 and ₹0.58 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.
Inducto Steel latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances