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Balance sheet of Sunflag Iron & Steel is strong.
But short term working capital might become an issue for this company.
Yes, The debt of Sunflag Iron & Steel is increasing.
Latest debt of Sunflag Iron & Steel is ₹436 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹164 Crs.
The profit is oscillating.
The profit of Sunflag Iron & Steel is ₹161 Crs for TTM, ₹144 Crs for Mar 2024 and ₹1,115 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.
Sunflag Iron & Steel latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets