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Balance sheet of Kansai Nerolac Paint is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Kansai Nerolac Paint is increasing.
Latest debt of Kansai Nerolac Paint is ₹11.42 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹373.01 Crs.
The profit is oscillating.
The profit of Kansai Nerolac Paint is ₹611 Crs for TTM, ₹1,185 Crs for Mar 2024 and ₹474 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.
Kansai Nerolac Paint latest dividend payout ratio is 25.57% and 3yr average dividend payout ratio is 30.03%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments