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Balance sheet of Multibase India is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Multibase India is increasing.
Latest debt of Multibase India is -₹114.14 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹221.43 Crs.
Yes, profit is increasing.
The profit of Multibase India is ₹14.53 Crs for TTM, ₹11.15 Crs for Mar 2024 and ₹9.79 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.
Multibase India latest dividend payout ratio is 33.95% and 3yr average dividend payout ratio is 26.55%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Inventory