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Balance sheet of Shivalik Rasayan is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Shivalik Rasayan is increasing.
Latest debt of Shivalik Rasayan is ₹59.7 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹10.54 Crs.
The profit is oscillating.
The profit of Shivalik Rasayan is ₹19.83 Crs for TTM, ₹12.72 Crs for Mar 2024 and ₹20.75 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.
Shivalik Rasayan latest dividend payout ratio is 6.12% and 3yr average dividend payout ratio is 4.15%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress