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Balance sheet of MOIL is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of MOIL is increasing.
Latest debt of MOIL is -₹1,580.21 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹1,625 Crs.
Yes, profit is increasing.
The profit of MOIL is ₹357 Crs for TTM, ₹293 Crs for Mar 2024 and ₹251 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.
MOIL latest dividend payout ratio is 41.97% and 3yr average dividend payout ratio is 34.77%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress, Accounts Receivable