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Balance sheet of Ruby Mills is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Ruby Mills is increasing.
Latest debt of Ruby Mills is ₹201 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹165 Crs.
The profit is oscillating.
The profit of Ruby Mills is ₹42.5 Crs for TTM, ₹44.54 Crs for Mar 2024 and ₹35.23 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.
Ruby Mills latest dividend payout ratio is 13.14% and 3yr average dividend payout ratio is 13.72%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances