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Shalimar Wires Inds balance sheet is weak and might have solvency issues
Yes, The debt of Shalimar Wires Inds is increasing.
Latest debt of Shalimar Wires Inds is ₹83.14 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹81.66 Crs.
No, profit is decreasing.
The profit of Shalimar Wires Inds is ₹1.36 Crs for TTM, ₹1.47 Crs for Mar 2024 and ₹6.53 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.
Shalimar Wires Inds latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets