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Balance sheet of Supreme Petrochem is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Supreme Petrochem is increasing.
Latest debt of Supreme Petrochem is -₹592.54 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹1,040.63 Crs.
The profit is oscillating.
The profit of Supreme Petrochem is ₹391 Crs for TTM, ₹346 Crs for Mar 2024 and ₹498 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.
Supreme Petrochem latest dividend payout ratio is 48.84% and 3yr average dividend payout ratio is 34.98%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress