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Balance sheet of Iris Clothings is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Iris Clothings is increasing.
Latest debt of Iris Clothings is ₹32.25 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹31.28 Crs.
The profit is oscillating.
The profit of Iris Clothings is ₹12.13 Crs for TTM, ₹12.21 Crs for Mar 2024 and ₹8.26 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.
Iris Clothings latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Inventory