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Balance sheet of Ramgopal Polytex is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Ramgopal Polytex is increasing.
Latest debt of Ramgopal Polytex is -₹0.47 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹1.46 Crs.
No, profit is decreasing.
The profit of Ramgopal Polytex is -₹1.67 Crs for Mar 2024, -₹1.28 Crs for Mar 2023 and -₹0.46 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Ramgopal Polytex latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Accounts Receivable, Short Term Loans & Advances