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Balance sheet of Mangalam Cement is moderately strong, But short term working capital might become an issue for this company.
Yes, The debt of Mangalam Cement is increasing.
Latest debt of Mangalam Cement is ₹473 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹294 Crs.
The profit is oscillating.
The profit of Mangalam Cement is ₹45.43 Crs for TTM, ₹59.72 Crs for Mar 2024 and ₹17.12 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.
Mangalam Cement latest dividend payout ratio is 6.91% and 3yr average dividend payout ratio is 12.1%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress, Inventory