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Balance sheet of Parag Milk Foods is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Parag Milk Foods is increasing.
Latest debt of Parag Milk Foods is ₹596 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹559 Crs.
Yes, profit is increasing.
The profit of Parag Milk Foods is ₹102 Crs for TTM, ₹90.58 Crs for Mar 2024 and ₹53.25 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.
Parag Milk Foods latest dividend payout ratio is 6.58% and 3yr average dividend payout ratio is 6.58%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable