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Balance sheet of Patels Airtemp (I) is moderately strong, But short term working capital might become an issue for this company.
Yes, The debt of Patels Airtemp (I) is increasing.
Latest debt of Patels Airtemp (I) is ₹83.63 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹72.44 Crs.
The profit is oscillating.
The profit of Patels Airtemp (I) is ₹14.76 Crs for Mar 2024, ₹11.17 Crs for Mar 2023 and ₹12.37 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Patels Airtemp (I) latest dividend payout ratio is 11.12% and 3yr average dividend payout ratio is 12.43%
Companies resources are majorly tied in miscellaneous assets