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Balance sheet of Punjab Chem. & Corp is strong.
It shouldn't have solvency or liquidity issues.
The debt of Punjab Chem. & Corp is decreasing.
Latest debt of Punjab Chem. & Corp is ₹58.06 Crs as of Sep-24.
This is less than Mar-24 when it was ₹103 Crs.
No, profit is decreasing.
The profit of Punjab Chem. & Corp is ₹39.42 Crs for TTM, ₹53.58 Crs for Mar 2024 and ₹61.1 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.
Punjab Chem. & Corp latest dividend payout ratio is 6.86% and 3yr average dividend payout ratio is 5.76%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable, Short Term Loans & Advances