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Balance sheet of Le Merite Exports is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Le Merite Exports is increasing.
Latest debt of Le Merite Exports is ₹46.39 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹2.47 Crs.
The profit is oscillating.
The profit of Le Merite Exports is ₹3.34 Crs for TTM, ₹1.75 Crs for Mar 2024 and ₹4.29 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.
Le Merite Exports latest dividend payout ratio is 26.91% and 3yr average dividend payout ratio is 20.8%
Companies resources are majorly tied in miscellaneous assets