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Mukat Pipes balance sheet is weak and might have solvency issues
Yes, The debt of Mukat Pipes is increasing.
Latest debt of Mukat Pipes is ₹2.29 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹0.32 Crs.
The profit is oscillating.
The profit of Mukat Pipes is ₹0.3 Crs for Mar 2024, -₹0.12 Crs for Mar 2023 and -₹0.12 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Mukat Pipes latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments