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Balance sheet of Laurus Labs is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Laurus Labs is increasing.
Latest debt of Laurus Labs is ₹2,677 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹2,224 Crs.
No, profit is decreasing.
The profit of Laurus Labs is ₹130 Crs for TTM, ₹158 Crs for Mar 2024 and ₹785 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.
Laurus Labs latest dividend payout ratio is 27.34% and 3yr average dividend payout ratio is 18.02%
Companies resources are allocated to majorly productive assets like Plant & Machinery