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Balance sheet of TCI Express is strong.
It shouldn't have solvency or liquidity issues.
The debt of TCI Express is decreasing.
Latest debt of TCI Express is -₹26.63 Crs as of Sep-24.
This is less than Mar-24 when it was -₹24.62 Crs.
No, profit is decreasing.
The profit of TCI Express is ₹98.01 Crs for TTM, ₹132 Crs for Mar 2024 and ₹139 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.
TCI Express latest dividend payout ratio is 23.3% and 3yr average dividend payout ratio is 23.07%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments