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Rajapalayam Mills balance sheet is weak and might have solvency issues
The debt of Rajapalayam Mills is decreasing.
Latest debt of Rajapalayam Mills is ₹1,053 Crs as of Sep-24.
This is less than Mar-24 when it was ₹1,069 Crs.
No, profit is decreasing.
The profit of Rajapalayam Mills is -₹58.1 Crs for TTM, ₹44.36 Crs for Mar 2024 and ₹81.88 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.
Rajapalayam Mills latest dividend payout ratio is 1.24% and 3yr average dividend payout ratio is 0.96%
Companies resources are majorly tied in miscellaneous assets