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Balance sheet of Signet Industries is moderately strong, But short term working capital might become an issue for this company.
Yes, The debt of Signet Industries is increasing.
Latest debt of Signet Industries is ₹329 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹302 Crs.
The profit is oscillating.
The profit of Signet Industries is ₹11.68 Crs for TTM, ₹15.45 Crs for Mar 2024 and ₹13.05 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.
Signet Industries latest dividend payout ratio is 9.52% and 3yr average dividend payout ratio is 12.88%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable