Balance sheet of Kokuyo Camlin is strong.
But short term working capital might become an issue for this company.

The debt of Kokuyo Camlin is decreasing.
Latest debt of Kokuyo Camlin is ₹13.43 Crs as of Sep-24.
This is less than Mar-24 when it was ₹45.66 Crs.

The profit is oscillating.
The profit of Kokuyo Camlin is ₹11.86 Crs for TTM, ₹43.83 Crs for Mar 2024 and ₹24.45 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.
Kokuyo Camlin latest dividend payout ratio is 11.44% and 3yr average dividend payout ratio is 15.98%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory