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Balance sheet of Safari Industries(I) is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Safari Industries(I) is increasing.
Latest debt of Safari Industries(I) is -₹224.32 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹395.12 Crs.
The profit is oscillating.
The profit of Safari Industries(I) is ₹148 Crs for TTM, ₹176 Crs for Mar 2024 and ₹125 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.
Safari Industries(I) latest dividend payout ratio is 11.09% and 3yr average dividend payout ratio is 8.58%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments