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Balance sheet of MRF is strong.
But short term working capital might become an issue for this company.
Yes, The debt of MRF is increasing.
Latest debt of MRF is ₹2,036 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹1,422 Crs.
The profit is oscillating.
The profit of MRF is ₹1,753 Crs for TTM, ₹2,081 Crs for Mar 2024 and ₹769 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.
MRF latest dividend payout ratio is 4.07% and 3yr average dividend payout ratio is 7.74%
Companies resources are allocated to majorly productive assets like Plant & Machinery