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Balance sheet of Premier Energies is strong.
But short term working capital might become an issue for this company.
The debt of Premier Energies is decreasing.
Latest debt of Premier Energies is -₹604.17 Crs as of Sep-24.
This is less than Mar-24 when it was ₹592 Crs.
Yes, profit is increasing.
The profit of Premier Energies is ₹557 Crs for TTM, ₹231 Crs for Mar 2024 and -₹12.81 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.
Premier Energies latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable