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Balance sheet of Shine Fashion (I) is strong.
It shouldn't have solvency or liquidity issues.
The debt of Shine Fashion (I) is decreasing.
Latest debt of Shine Fashion (I) is ₹0.23 Crs as of Sep-24.
This is less than Mar-24 when it was ₹0.84 Crs.
Yes, profit is increasing.
The profit of Shine Fashion (I) is ₹5.68 Crs for TTM, ₹3.91 Crs for Mar 2024 and ₹0.88 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.
Shine Fashion (I) latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable