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Balance sheet of Nirlon is moderately strong, But short term working capital might become an issue for this company.
The debt of Nirlon is decreasing.
Latest debt of Nirlon is ₹917 Crs as of Sep-24.
This is less than Mar-24 when it was ₹1,024 Crs.
Yes, profit is increasing.
The profit of Nirlon is ₹216 Crs for TTM, ₹206 Crs for Mar 2024 and ₹158 Crs for Mar 2023.
The company seems to pay a good stable dividend.
Nirlon latest dividend payout ratio is 113.99% and 3yr average dividend payout ratio is 157.94%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments