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Balance sheet of Loyal Equipments is strong.
But short term working capital might become an issue for this company.
The debt of Loyal Equipments is decreasing.
Latest debt of Loyal Equipments is -₹4.19 Crs as of Mar-24.
This is less than Mar-23 when it was ₹7.68 Crs.
Yes, profit is increasing.
The profit of Loyal Equipments is ₹10.46 Crs for TTM, ₹7.06 Crs for Mar 2024 and ₹5.98 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.
Loyal Equipments latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable