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Balance sheet of Modern Dairies is moderately strong, But short term working capital might become an issue for this company.
The debt of Modern Dairies is decreasing.
Latest debt of Modern Dairies is ₹68.18 Crs as of Mar-24.
This is less than Mar-23 when it was ₹125 Crs.
Yes, profit is increasing.
The profit of Modern Dairies is ₹71.45 Crs for TTM, ₹34.23 Crs for Mar 2024 and ₹12.16 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.
Modern Dairies latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets