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Balance sheet of Jyoti Resins&Adhesiv is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Jyoti Resins&Adhesiv is increasing.
Latest debt of Jyoti Resins&Adhesiv is -₹133.9 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹221.09 Crs.
Yes, profit is increasing.
The profit of Jyoti Resins&Adhesiv is ₹72.88 Crs for TTM, ₹67.12 Crs for Mar 2024 and ₹46.44 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.
Jyoti Resins&Adhesiv latest dividend payout ratio is 16.09% and 3yr average dividend payout ratio is 15.59%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments