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Balance sheet of JK Tyres & Inds. is moderately strong, But short term working capital might become an issue for this company.
Yes, The debt of JK Tyres & Inds. is increasing.
Latest debt of JK Tyres & Inds. is ₹4,340 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹2,978 Crs.
The profit is oscillating.
The profit of JK Tyres & Inds. is ₹758 Crs for TTM, ₹786 Crs for Mar 2024 and ₹262 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.
JK Tyres & Inds. latest dividend payout ratio is 14.92% and 3yr average dividend payout ratio is 17.09%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments