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Balance sheet of Jindal Saw is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Jindal Saw is increasing.
Latest debt of Jindal Saw is ₹4,585 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹3,798 Crs.
Yes, profit is increasing.
The profit of Jindal Saw is ₹1,831 Crs for TTM, ₹1,677 Crs for Mar 2024 and ₹644 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.
Jindal Saw latest dividend payout ratio is 7.63% and 3yr average dividend payout ratio is 12.69%
Companies resources are allocated to majorly productive assets like Plant & Machinery