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South India Paper balance sheet is weak and might have solvency issues
The debt of South India Paper is decreasing.
Latest debt of South India Paper is ₹188 Crs as of Sep-24.
This is less than Mar-24 when it was ₹196 Crs.
Yes, profit is increasing.
The profit of South India Paper is -₹10.11 Crs for TTM, -₹13.43 Crs for Mar 2024 and -₹16.67 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.
South India Paper latest dividend payout ratio is 6.93% and 3yr average dividend payout ratio is 6.93%
Companies resources are majorly tied in miscellaneous assets