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Balance sheet of Premier Polyfilm is strong.
But short term working capital might become an issue for this company.
The debt of Premier Polyfilm is decreasing.
Latest debt of Premier Polyfilm is ₹1.2 Crs as of Mar-24.
This is less than Mar-23 when it was ₹16.07 Crs.
Yes, profit is increasing.
The profit of Premier Polyfilm is ₹20.6 Crs for TTM, ₹11.68 Crs for Mar 2023 and ₹9.78 Crs for Mar 2022.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Premier Polyfilm latest dividend payout ratio is 8.96% and 3yr average dividend payout ratio is 10.7%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable