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Balance sheet of NRB Bearings is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of NRB Bearings is increasing.
Latest debt of NRB Bearings is ₹76.2 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹27.94 Crs.
The profit is oscillating.
The profit of NRB Bearings is ₹115 Crs for TTM, ₹239 Crs for Mar 2024 and ₹93.98 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.
NRB Bearings latest dividend payout ratio is 20.64% and 3yr average dividend payout ratio is 33.22%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory