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Balance sheet of Lux Industries is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Lux Industries is increasing.
Latest debt of Lux Industries is ₹176 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹84.97 Crs.
The profit is oscillating.
The profit of Lux Industries is ₹172 Crs for TTM, ₹130 Crs for Mar 2024 and ₹142 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.
Lux Industries latest dividend payout ratio is 4.64% and 3yr average dividend payout ratio is 8.61%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Short Term Loans & Advances