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Balance sheet of Shree Cement is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Shree Cement is increasing.
Latest debt of Shree Cement is ₹1,204 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹634 Crs.
The profit is oscillating.
The profit of Shree Cement is ₹1,225 Crs for TTM, ₹2,396 Crs for Mar 2024 and ₹1,271 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.
Shree Cement latest dividend payout ratio is 15.81% and 3yr average dividend payout ratio is 19.38%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Inventory