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Balance sheet of Lux Industries is strong.
It shouldn't have solvency or liquidity issues.
The debt of Lux Industries is decreasing.
Latest debt of Lux Industries is ₹136 Crs as of Mar-24.
This is less than Mar-23 when it was ₹187 Crs.
The profit is oscillating.
The profit of Lux Industries is ₹144 Crs for TTM, ₹142 Crs for Mar 2023 and ₹340 Crs for Mar 2022.
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 10.58% and 3yr average dividend payout ratio is 10.6%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable, Short Term Loans & Advances