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Balance sheet of Lotus Chocolate is strong.
It shouldn't have solvency or liquidity issues.
The debt of Lotus Chocolate is decreasing.
Latest debt of Lotus Chocolate is -₹6.1 Crs as of Mar-24.
This is less than Mar-23 when it was ₹4.86 Crs.
Yes, profit is increasing.
The profit of Lotus Chocolate is ₹20.46 Crs for TTM, ₹5.06 Crs for Mar 2024 and -₹6.96 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.
Lotus Chocolate latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable