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Royal Cushion Vinyl balance sheet is weak and might have solvency issues
Yes, The debt of Royal Cushion Vinyl is increasing.
Latest debt of Royal Cushion Vinyl is ₹66.4 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹59.64 Crs.
The profit is oscillating.
The profit of Royal Cushion Vinyl is ₹58.74 Crs for TTM, ₹294 Crs for Mar 2024 and ₹0.19 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.
Royal Cushion Vinyl 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