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Balance sheet of Texmaco Rail & Eng. is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Texmaco Rail & Eng. is increasing.
Latest debt of Texmaco Rail & Eng. is ₹718 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹184.7 Crs.
Yes, profit is increasing.
The profit of Texmaco Rail & Eng. is ₹208 Crs for TTM, ₹113 Crs for Mar 2024 and ₹26.03 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.
Texmaco Rail & Eng. latest dividend payout ratio is 17.64% and 3yr average dividend payout ratio is 17.3%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments