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Balance sheet of Ipca Laboratories is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Ipca Laboratories is increasing.
Latest debt of Ipca Laboratories is ₹859 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹794 Crs.
Yes, profit is increasing.
The profit of Ipca Laboratories is ₹670 Crs for TTM, ₹547 Crs for Mar 2024 and ₹471 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.
Ipca Laboratories latest dividend payout ratio is 18.54% and 3yr average dividend payout ratio is 17.18%
Companies resources are allocated to majorly productive assets like Plant & Machinery