Alerts will be sent to your verified email
Verify EmailTNSTLTU
Balance sheet of TN Steel & Tubes is strong.
It shouldn't have solvency or liquidity issues.
The debt of TN Steel & Tubes is decreasing.
Latest debt of TN Steel & Tubes is ₹3.19 Crs as of Sep-24.
This is less than Mar-24 when it was ₹5.76 Crs.
The profit is oscillating.
The profit of TN Steel & Tubes is ₹0.28 Crs for Mar 2024, ₹0.57 Crs for Mar 2023 and ₹0.52 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
TN Steel & Tubes latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets