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Balance sheet of Krishanveer Forge is strong.
It shouldn't have solvency or liquidity issues.
The debt of Krishanveer Forge is decreasing.
Latest debt of Krishanveer Forge is -₹10.63 Crs as of Sep-24.
This is less than Mar-24 when it was -₹3.52 Crs.
Yes, profit is increasing.
The profit of Krishanveer Forge is ₹5.24 Crs for TTM, ₹3.99 Crs for Mar 2024 and ₹1.64 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.
Krishanveer Forge latest dividend payout ratio is 54.84% and 3yr average dividend payout ratio is 54.84%
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable