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Balance sheet of Permanent Magnets is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Permanent Magnets is increasing.
Latest debt of Permanent Magnets is -₹26.68 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹67.18 Crs.
No, profit is decreasing.
The profit of Permanent Magnets is ₹16.69 Crs for TTM, ₹19.15 Crs for Mar 2024 and ₹29.76 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.
Permanent Magnets latest dividend payout ratio is 8.08% and 3yr average dividend payout ratio is 5.95%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments