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Pasupati Spinning balance sheet is weak and might have solvency issues
Yes, The debt of Pasupati Spinning is increasing.
Latest debt of Pasupati Spinning is ₹48.58 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹47.33 Crs.
The profit is oscillating.
The profit of Pasupati Spinning is ₹0.82 Crs for TTM, ₹0.59 Crs for Mar 2024 and ₹1.1 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.
Pasupati Spinning latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Short Term Loans & Advances