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Balance sheet of Meera Industries is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Meera Industries is increasing.
Latest debt of Meera Industries is ₹2.47 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹0.48 Crs.
Yes, profit is increasing.
The profit of Meera Industries is ₹3.25 Crs for TTM, ₹1.46 Crs for Mar 2024 and -₹1.37 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.
Meera Industries latest dividend payout ratio is 19.99% and 3yr average dividend payout ratio is 19.99%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Short Term Loans & Advances