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Balance sheet of RO Jewels is strong.
But short term working capital might become an issue for this company.
Yes, The debt of RO Jewels is increasing.
Latest debt of RO Jewels is ₹7.32 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹6.3 Crs.
The profit is oscillating.
The profit of RO Jewels is ₹0.92 Crs for Mar 2024, ₹2.01 Crs for Mar 2023 and ₹0.18 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.
RO Jewels latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable