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Balance sheet of ITD Cementation is strong.
But short term working capital might become an issue for this company.
Yes, The debt of ITD Cementation is increasing.
Latest debt of ITD Cementation is ₹502 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹928.79 Crs.
Yes, profit is increasing.
The profit of ITD Cementation is ₹348 Crs for TTM, ₹274 Crs for Mar 2024 and ₹124 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.
ITD Cementation latest dividend payout ratio is 10.67% and 3yr average dividend payout ratio is 10.65%
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances