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Balance sheet of Sky Industries is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Sky Industries is increasing.
Latest debt of Sky Industries is ₹5.25 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹1.59 Crs.
Yes, profit is increasing.
The profit of Sky Industries is ₹5.66 Crs for TTM, ₹4.14 Crs for Mar 2024 and ₹1.77 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.
Sky Industries latest dividend payout ratio is 19.06% and 3yr average dividend payout ratio is 25.86%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments