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Balance sheet of SP Refractories is strong.
It shouldn't have solvency or liquidity issues.
The debt of SP Refractories is decreasing.
Latest debt of SP Refractories is ₹3.82 Crs as of Sep-24.
This is less than Mar-24 when it was ₹4.66 Crs.
Yes, profit is increasing.
The profit of SP Refractories is ₹1.78 Crs for TTM, ₹1.56 Crs for Mar 2024 and ₹0.62 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.
SP Refractories latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable