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Balance sheet of Shri Techtex is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Shri Techtex is increasing.
Latest debt of Shri Techtex is ₹9.92 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹6.32 Crs.
Yes, profit is increasing.
The profit of Shri Techtex is ₹14.69 Crs for TTM, ₹12.28 Crs for Mar 2024 and ₹9.11 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.
Shri Techtex latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments