Alerts will be sent to your verified email
Verify EmailSCILAL
Balance sheet of Ship.Corp.(I) Land is strong.
It shouldn't have solvency or liquidity issues.
The debt of Ship.Corp.(I) Land is decreasing.
Latest debt of Ship.Corp.(I) Land is -₹53.21 Crs as of Sep-24.
This is less than Mar-24 when it was -₹6.6 Crs.
The profit is oscillating.
The profit of Ship.Corp.(I) Land is ₹43.3 Crs for TTM, ₹47.49 Crs for Mar 2024 and ₹35.55 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.
Ship.Corp.(I) Land latest dividend payout ratio is 64.74% and 3yr average dividend payout ratio is 64.74%
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances