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Balance sheet of Polycab India is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Polycab India is increasing.
Latest debt of Polycab India is -₹233.23 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹714.94 Crs.
Yes, profit is increasing.
The profit of Polycab India is ₹1,817 Crs for TTM, ₹1,784 Crs for Mar 2024 and ₹1,271 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.
Polycab India latest dividend payout ratio is 25.26% and 3yr average dividend payout ratio is 23.95%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable