Balance sheet of Mitsu Chem Plast is strong.
But short term working capital might become an issue for this company.

The debt of Mitsu Chem Plast is decreasing.
Latest debt of Mitsu Chem Plast is ₹59.78 Crs as of Sep-24.
This is less than Mar-24 when it was ₹79.75 Crs.

No, profit is decreasing.
The profit of Mitsu Chem Plast is ₹6.54 Crs for TTM, ₹8.86 Crs for Mar 2024 and ₹11.8 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.
Mitsu Chem Plast latest dividend payout ratio is 2.89% and 3yr average dividend payout ratio is 2.35%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory, Accounts Receivable