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Balance sheet of Siddhika Coatings is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Siddhika Coatings is increasing.
Latest debt of Siddhika Coatings is -₹11.3 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹14.97 Crs.
Yes, profit is increasing.
The profit of Siddhika Coatings is ₹7.22 Crs for TTM, ₹5.03 Crs for Mar 2024 and ₹3.77 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.
Siddhika Coatings latest dividend payout ratio is 20.26% and 3yr average dividend payout ratio is 29.11%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable