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Balance sheet of Jagan Lamps is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Jagan Lamps is increasing.
Latest debt of Jagan Lamps is ₹9.86 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹4.78 Crs.
The profit is oscillating.
The profit of Jagan Lamps is ₹2.77 Crs for TTM, ₹2.94 Crs for Mar 2024 and ₹2.66 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.
Jagan Lamps latest dividend payout ratio is 29.95% and 3yr average dividend payout ratio is 29.95%
Companies resources are allocated to majorly unproductive assets like Inventory, Short Term Loans & Advances