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Balance sheet of Prakash Steelage is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Prakash Steelage is increasing.
Latest debt of Prakash Steelage is ₹2.92 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹1.45 Crs.
The profit is oscillating.
The profit of Prakash Steelage is ₹36.09 Crs for TTM, ₹57.89 Crs for Mar 2024 and ₹4.15 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.
Prakash Steelage latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable