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Balance sheet of Thirumalai Chemicals is moderately strong, But short term working capital might become an issue for this company.
Yes, The debt of Thirumalai Chemicals is increasing.
Latest debt of Thirumalai Chemicals is ₹888 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹35.43 Crs.
No, profit is decreasing.
The profit of Thirumalai Chemicals is -₹52.51 Crs for TTM, -₹38.79 Crs for Mar 2024 and ₹89.83 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.
Thirumalai Chemicals latest dividend payout ratio is 17.1% and 3yr average dividend payout ratio is 13.1%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress