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Shiva Cement balance sheet is weak and might have solvency issues
The debt of Shiva Cement is decreasing.
Latest debt of Shiva Cement is ₹1,177 Crs as of Sep-24.
This is less than Mar-24 when it was ₹1,403 Crs.
The profit is oscillating.
The profit of Shiva Cement is -₹101.07 Crs for TTM, -₹68.32 Crs for Mar 2024 and -₹80.47 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.
Shiva Cement latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery