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Balance sheet of Share India Sec. is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Share India Sec. is increasing.
Latest debt of Share India Sec. is -₹1,790.16 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹3,649.8 Crs.
Yes, profit is increasing.
The profit of Share India Sec. is ₹425 Crs for TTM, ₹425 Crs for Mar 2024 and ₹329 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.
Share India Sec. latest dividend payout ratio is 8.1% and 3yr average dividend payout ratio is 8.68%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments