Alerts will be sent to your verified email
Verify EmailINOXINDIA
Balance sheet of Inox India is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Inox India is increasing.
Latest debt of Inox India is ₹69.9 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹18.53 Crs.
Yes, profit is increasing.
The profit of Inox India is ₹205 Crs for TTM, ₹196 Crs for Mar 2024 and ₹155 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.
Inox India latest dividend payout ratio is 50.94% and 3yr average dividend payout ratio is 41.96%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory, Accounts Receivable