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Balance sheet of Piccadily Agro Inds is strong.
But short term working capital might become an issue for this company.
The debt of Piccadily Agro Inds is decreasing.
Latest debt of Piccadily Agro Inds is -₹25.16 Crs as of Sep-24.
This is less than Mar-24 when it was ₹135 Crs.
The profit is oscillating.
The profit of Piccadily Agro Inds is ₹106 Crs for TTM, ₹110 Crs for Mar 2024 and ₹22.33 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.
Piccadily Agro Inds latest dividend payout ratio is 8.45% and 3yr average dividend payout ratio is 5.84%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable