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Balance sheet of Par Drugs & Chem. is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Par Drugs & Chem. is increasing.
Latest debt of Par Drugs & Chem. is -₹18.78 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹73.29 Crs.
Yes, profit is increasing.
The profit of Par Drugs & Chem. is ₹15.43 Crs for TTM, ₹14.5 Crs for Mar 2024 and ₹11.33 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.
Par Drugs & Chem. latest dividend payout ratio is 16.69% and 3yr average dividend payout ratio is 16.69%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments