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Balance sheet of Marico is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Marico is increasing.
Latest debt of Marico is -₹388 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹1,502 Crs.
Yes, profit is increasing.
The profit of Marico is ₹1,613 Crs for TTM, ₹1,481 Crs for Mar 2024 and ₹1,302 Crs for Mar 2023.
The company seems to pay a good stable dividend.
Marico latest dividend payout ratio is 82.75% and 3yr average dividend payout ratio is 74.91%
Companies resources are allocated to majorly productive assets like Plant & Machinery