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Balance sheet of Lakshmi Elect.Contl. is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Lakshmi Elect.Contl. is increasing.
Latest debt of Lakshmi Elect.Contl. is -₹3.41 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹14.42 Crs.
No, profit is decreasing.
The profit of Lakshmi Elect.Contl. is ₹2.85 Crs for TTM, ₹13.96 Crs for Mar 2024 and ₹19.93 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.
Lakshmi Elect.Contl. latest dividend payout ratio is 26.41% and 3yr average dividend payout ratio is 25.78%
Companies resources are majorly tied in miscellaneous assets