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Balance sheet of Ponni Sugars (Erode) is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Ponni Sugars (Erode) is increasing.
Latest debt of Ponni Sugars (Erode) is -₹17.09 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹81.79 Crs.
The profit is oscillating.
The profit of Ponni Sugars (Erode) is ₹28.31 Crs for TTM, ₹46.86 Crs for Mar 2024 and ₹38.34 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.
Ponni Sugars (Erode) latest dividend payout ratio is 12.85% and 3yr average dividend payout ratio is 14.53%
Companies resources are majorly tied in miscellaneous assets