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Balance sheet of Kovil.Lakshmi Roller is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Kovil.Lakshmi Roller is increasing.
Latest debt of Kovil.Lakshmi Roller is ₹102 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹89.25 Crs.
The profit is oscillating.
The profit of Kovil.Lakshmi Roller is ₹7.8 Crs for Mar 2024, ₹10.1 Crs for Mar 2023 and ₹7.53 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Kovil.Lakshmi Roller latest dividend payout ratio is 14.48% and 3yr average dividend payout ratio is 15.21%
Companies resources are allocated to majorly unproductive assets like Inventory