Balance sheet of Rajnandini Metal is strong.
But short term working capital might become an issue for this company.

The debt of Rajnandini Metal is decreasing.
Latest debt of Rajnandini Metal is ₹85.71 Crs as of Sep-24.
This is less than Mar-24 when it was ₹99.36 Crs.

The profit is oscillating.
The profit of Rajnandini Metal is -₹2.08 Crs for TTM, ₹15.28 Crs for Mar 2024 and ₹13.68 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.
Rajnandini Metal latest dividend payout ratio is 20.21% and 3yr average dividend payout ratio is 20.21%

Companies resources are allocated to majorly unproductive assets like Inventory