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Balance sheet of Responsive Inds is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Responsive Inds is increasing.
Latest debt of Responsive Inds is ₹175 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹163 Crs.
Yes, profit is increasing.
The profit of Responsive Inds is ₹190 Crs for TTM, ₹161 Crs for Mar 2024 and ₹24.39 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.
Responsive Inds latest dividend payout ratio is 1.65% and 3yr average dividend payout ratio is 1236.54%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable