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Balance sheet of Rama Steel Tubes is strong.
It shouldn't have solvency or liquidity issues.
The debt of Rama Steel Tubes is decreasing.
Latest debt of Rama Steel Tubes is ₹86.54 Crs as of Sep-24.
This is less than Mar-24 when it was ₹113 Crs.
The profit is oscillating.
The profit of Rama Steel Tubes is ₹23.36 Crs for TTM, ₹29.13 Crs for Mar 2024 and ₹26.67 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.
Rama Steel Tubes latest dividend payout ratio is 3.07% and 3yr average dividend payout ratio is 3.07%
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances