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Balance sheet of Raymond is moderately strong, But short term working capital might become an issue for this company.
The debt of Raymond is decreasing.
Latest debt of Raymond is ₹466 Crs as of Sep-24.
This is less than Mar-24 when it was ₹2,309 Crs.
Yes, profit is increasing.
The profit of Raymond is ₹7,763 Crs for TTM, ₹1,638 Crs for Mar 2024 and ₹529 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.
Raymond latest dividend payout ratio is 4.06% and 3yr average dividend payout ratio is 5.17%
Companies resources are allocated to majorly productive assets like Plant & Machinery