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Balance sheet of Raj Oil Mills is moderately strong.
Yes, The debt of Raj Oil Mills is increasing.
Latest debt of Raj Oil Mills is ₹29.61 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹28.96 Crs.
No, profit is decreasing.
The profit of Raj Oil Mills is ₹1.51 Crs for TTM, ₹1.71 Crs for Mar 2024 and ₹2.43 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.
Raj Oil Mills latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable