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Balance sheet of Redington is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Redington is increasing.
Latest debt of Redington is -₹136.7 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹429.58 Crs.
The profit is oscillating.
The profit of Redington is ₹1,227 Crs for TTM, ₹1,219 Crs for Mar 2024 and ₹1,393 Crs for Mar 2023.
The company seems to pay a good stable dividend.
Redington latest dividend payout ratio is 39.77% and 3yr average dividend payout ratio is 40.16%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable