Alerts will be sent to your verified email
Verify EmailSHAKTIPUMP
Balance sheet of Shakti Pumps (I) is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Shakti Pumps (I) is increasing.
Latest debt of Shakti Pumps (I) is -₹17.68 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹319.68 Crs.
Yes, profit is increasing.
The profit of Shakti Pumps (I) is ₹388 Crs for TTM, ₹142 Crs for Mar 2024 and ₹24.13 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.
Shakti Pumps (I) latest dividend payout ratio is 5.66% and 3yr average dividend payout ratio is 8.85%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable